Nvidia CEO Jensen Huang on the crash that cost the company $600 billion: Market ‘misunderstood’ China’s DeepSeek AI and … – The Times of India
Nvidia CEO Jensen Huang has pushed back against investor concerns that triggered a $600 billion market value drop, asserting that the market misinterpreted the significance of DeepSeek’s new AI model.“I think the market responded to R1 as an ‘Oh my gosh, AI is finished,’” Huang said in a pretaped interview for Nvidia partner DDN. The…