Nvidia CEO says AI sell-off will pass

AI-generated briefing · First published 2026-10-16 23:00:37 UTC

Nvidia CEO Jensen Huang said AI gains will outweigh investor concerns after U.S. tech stocks fell sharply.

Nvidia CEO Jensen Huang told Bloomberg Television in Berlin that AI will transform every industry and country and that the current sell-off will pass, adding that the sector is still in its early stages. [1] [3]

U.S. markets closed lower on Friday, with the Nasdaq down 2.14 percent, the S&P 500 off 1.09 percent and the Dow down 0.34 percent; the Philadelphia Semiconductor Index fell 3.83 percent for its eighth straight decline. [2] [4]

CoreWeave shares dropped nearly 12 percent on Friday and 25 percent for the week amid concerns over its more than $51 billion debt load. [2] [5]

Sources

1. 快讯

   Wall Street CN · 2026-10-16 20:33:22 UTC · Full text

2. 10月17日美股收盘：三大指数收跌 纳指跌超2% 科技股全线走低 CoreWeave重挫近12% 布油触及110美元

   Sina Finance · 2026-10-16 20:41:12 UTC · Full text

3. 黄仁勋谈AI市场震荡 “这一切都会过去”

   Sina Finance · 2026-10-16 21:26:42 UTC · Full text

4. 美国股市：标普500指数创6月以来最差单周表现 AI担忧重创芯片股

   Sina Finance · 2026-10-16 21:31:08 UTC · Full text

5. CoreWeave单周暴跌25% 凸显AI交易中恐惧与贪婪角力

   Sina Finance · 2026-10-16 22:45:00 UTC · Full text

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