Jensen Huang acknowledges NVIDIA’s crucial role in market stability
NVIDIA CEO Jensen Huang addressed employees, stating that the entire market relies on their company. He emphasized that no one in history has lost $500 billion in just a few weeks, highlighting how valuable NVIDIA truly is for the economy.
Source Fortune
Huang also warned that even the slightest mistake in quarterly results could collapse the global economy. NVIDIA’s market capitalization dropped from $5 trillion to $4.3 trillion within weeks despite solid quarterly performance. He questioned who would support the economy if the company misses analyst forecasts and reports a poor quarter.
Huang’s statements highlight NVIDIA’s unique importance not only for investors but for the worldwide economy, raising concerns about market stability in case of adverse developments.
