NVIDIA CEO sees tech dip as buy chance
Nvidia has acknowledged the significance of the tech stock downturn, with the CEO affirming that the decline presents an investment opportunity. He expects artificial intelligence to become a fundamental pillar of the world, which will increase demand for data centers and electronic chips in the future. This comes amid a decline in the South Korean Kospi index and concerns over rising interest rates and the potential formation of a bubble in AI stocks. Nvidia also plans to return at least 50% of its cash flows to shareholders over the coming year.
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