Jensen Huang Press Q&A: ‘Nvidia Stock Is Undervalued’

On Monday, Nvidia CEO Jensen Huang answered questions from reporters at The Korea Society’s annual gala in New York. The executive received this year’s prestigious Van Fleet Award for his contributions to strengthening relations between Korea and the United States.

Jensen Huang’s speech at The Korea Society event (Video)

Toast to Jensen Huang by SK Group Chairman Chey Tae-won (Video)

Here are the 6 key highlights from the Q&A:

1. On stock buybacks:

“We’re really fortunate that NVIDIA is at the center of the largest industrial infrastructure build out in human history. We’re going to generate a lot of cash in the future. Now of course, we’ll continue to make strategic investments and operational investments and we have to secure supply chain commitments and so on and so forth.

But even then, with all of that, we’re going to generate more and more and more and more cash. And so I think that with that, the very, very smart use of that cash is to buy NVIDIA stock. Because as that young investor knows, NVIDIA stock is undervalued.

And so I should be out there buying our stock just like nobody else. And so we’re going to buy hundreds of billions of dollars of NVIDIA stock in the coming years.”

2. On personal AI agents potential (Meta Muse, Instinct, OpenAI):