Old Huang says AI stocks are cheap, shareholders should wake up and smile, but the wallet has the final say

CoinWorld News reports that, according to Aastocks, NVIDIA CEO Jensen Huang said in Seoul, South Korea on June 8 that AI-related stock prices are extremely cheap, and shareholders should be happy, with even greater upside potential in the future. He said that AI demand will continue to grow and has become a core global infrastructure. NVIDIA and SK Hynix have reached an agreement for more than two years, under which NVIDIA chips will be produced at SK Hynix’s wafer fab and applied to SK Telecom’s AI business. NVIDIA purchases approximately $2 billion worth of products from SK Hynix every year, and the procurement scale is expected to increase significantly in the future.