Nvidia CEO Jensen Huang poked fun at his own market influence during the company's latest earnings call, joking about a "dinner effect" where sharing a meal with him reportedly coincides with a doubling of a company's share price, according to 华尔街见闻.
The lighthearted remark came as Nvidia reported that its AI chip revenue had doubled, with sales to China accounting for less than 1% of that total, as reported by 观察者. The earnings release helped lift chip stocks and pushed the Nasdaq higher in early trading, according to 新浪财经.
Huang also pushed back against criticism that Nvidia relies on a cycle of repeated fundraising, responding that the company should have invested even more than it did, 新浪财经 reported. The comments were part of a broader discussion of Nvidia's financial strategy and growth outlook.
The strong earnings figures also appeared to boost sentiment across related sectors, with storage chip and optical communications stocks rallying sharply, according to 凤凰网财经. The broader market reaction suggests investors are reading Nvidia's results as a positive signal for the AI hardware supply chain.
Huang's "dinner effect" joke appears to reference the outsized attention paid to his public engagements, though the remark was delivered in a self-deprecating tone rather than as a serious claim. The comment underscores how closely investors track the CEO's activities and statements for clues about Nvidia's direction.
Looking ahead, market watchers will likely focus on whether Nvidia can sustain its AI chip growth momentum and how its limited China revenue might evolve amid ongoing export restrictions.
