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Home News AI Technology Nvidia CEO Jensen Huang reaffirms $660 billion AI capex as 'justified and sustainable,' chip stocks surge

Nvidia CEO Jensen Huang reaffirms $660 billion AI capex as 'justified and sustainable,' chip stocks surge

48    2026-02-09

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Jensen Huang stated Big Tech's massive AI spending is justified, appropriate, and sustainable amid sky-high demand; Nvidia and chip peers rallied strongly, adding hundreds of billions in market value as primary beneficiaries.

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