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On October 17, NVIDIA CEO Jensen Huang stated at an event in Berlin that the current turmoil in the AI market will eventually subside because AI will bring transformation and have a positive impact on various industries and countries. He emphasized that the development of AI will continue to advance and is still in its early stages. Despite the recent volatility in market news, the fundamentals of the industry remain unchanged. Huang believes that large-scale hardware investments will eventually pay off, alleviating market anxieties. Regarding the sell-off of AI chip and infrastructure-related stocks, with investors concerned that rising borrowing costs will affect AI investment spending, Huang remains optimistic about the AI market and its impact on the economy. He advises investors to focus on first principles and fundamentals, emphasizing long-term value.
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