Jensen Huang Told Investors in June to 'Buy at a Discount' During Nvidia's Sell-Off. Nearly Three Months Later, Nvidia Is Up 4%, and a Broader AI Basket Gained 8%. Did His Call Pay Off?

Jensen Huang's June recommendation to buy Nvidia during a market pullback resulted in a 4% gain over three months, matching S&P 500 returns. However, a diversified AI basket of Nvidia, Microsoft, Amazon, and Alphabet gained 8%, driven primarily by Microsoft's 24% surge. The article argues that three months is too short to evaluate long-term investments, and Nvidia's strong 106% year-over-year revenue growth and 17.5x P/E ratio (below its 23x five-year average) suggest Huang's optimism may still be justified for long-term investors.