Jensen Huang Says the Chip Industry's Usual Boom-Bust Cycle Won't Hit for a While, a Bullish Signal for AI Stocks
Jensen Huang thinks this chip boom is fundamentally different from previous iterations.
Overview
The chip industry has historically been cyclical, going through cycles that average about four years. With semiconductor stocks undergoing a correction after a period of large gains, it's reasonable to ask if the cycle has peaked.
Nvidia (NASDAQ: NVDA) CEO Jensen Huang doesn't think so. In a recent sit-down with Axios co-founder Mike Allen, he said that he doesn't expect a bust any time soon and that the semiconductor industry still has plenty of room to grow.
Nvidia CEO Jensen Huang. Image source: Nvidia.
Details
Source
Originally published at www.fool.com.
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