Nvidia CEO downplays AI market turbulence

Nvidia (NVDA) Chief Executive Jensen Huang used an appearance in Berlin on October 16, 2026 to address a sharp bout of volatility in AI-related stocks. As investors reassessed shares tied to artificial intelligence and semiconductors, Huang argued that the current turbulence is temporary. He characterized the moves as short term compared with what he views as a longer-term structural shift driven by AI adoption.

Huang said that all of the current market concerns around AI will pass, setting out an upbeat view of the technology’s prospects. His remarks came as part of a conversation in Berlin, where he was interviewed during a public event. They coincided with a session in global markets in which AI and chipmakers had come under pressure before some of those losses eased.

In his Berlin comments, Huang described artificial intelligence as transformative. He said the technology is set to affect every industry and every country in a positive way. This framing presented AI as a broad economic force rather than a narrow trend confined to the technology sector.

Huang also argued that the longer-term benefits of AI would outweigh near-term investor worries. His stance placed recent stock-market swings in the context of what he sees as enduring demand for AI capabilities. The message emphasized that the development and deployment of AI systems are still at an early stage.

Coverage of trading on October 16 noted that the latest selloff in AI and semiconductor equities eased as Huang’s comments circulated. Some AI-related names saw pressure moderate during a volatile session in which investors weighed growth expectations against recent gains. His reassurances added a high-profile executive voice to the debate around whether the AI boom can be sustained.

Huang’s perspective was highlighted alongside other views on the AI cycle, including differing executive takes on how investors are processing the boom. His optimistic framing focused on structural demand and economic impact rather than day-to-day price moves. The remarks formed part of a series of media appearances in Europe as attention turned to upcoming AI-focused industry events.