Nvidia CEO Jensen Huang has addressed a selloff that wiped nearly $600 billion from his company’s market value—and caused his personal wealth to plummet.

Huang, the founder and CEO of Nvidia, said he thinks the release of DeepSeek's open source model is "incredibly exciting."

DeepSeek’s innovations will lead to greater demand for artificial-intelligence hardware, not less, says Nvidia CEO Jensen Huang.

DeepSeek is an exciting development and not a threat to compute demand, Nvidia CEO Jensen Huang said in an interview that aired Thursday.

NVIDIA (NASDAQ: NVDA) CEO Jensen Huang discussed the elephant in the room – DeepSeek – in a DDN interview with Alex Bouzari on Thursday. Huang said DeepSeek and the energy around its open-source reasoning model are “incredibly exciting,” but investors “got it wrong,” assuming it would be a negative for his company and the AI industry.

Nvidia's CEO, Jensen Huang, has recently addressed the major selloff that led to nearly $600 billion being wiped from the company's market value. This market response was triggered by DeepSeek, a Chinese AI startup,

Nvidia CEO Jensen Huang addressed investor concerns after a $600 billion market value drop, clarifying that the market misunderstood the implications of DeepSeek's new AI model. Huang emphasized that the demand for powerful computing in AI development remains strong,

Nvidia (NVDA) chief executive Jensen Huang doesn’t have hard feelings for Chinese artificial intelligence startup DeepSeek.