Jensen Huang says AI stocks are ‘very cheap’ as memory shortages persist

Nvidia CEO Jensen Huang said on June 8 that AI stocks are "very cheap," the artificial intelligence buildout is still in its early stages, and the recent selloff created discounted entry points for investors. He also said shortages of memory used to support AI demand could persist for "several years." His bullish long-term view came as SK Hynix fell about 7.68% to 1,911,000 won and as investors weighed Raymond James analyst Kal Ackerman’s warning that DRAM and NAND average selling prices could peak by mid-2026 and start declining as early as early next year.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.