![Nvidia CEO Jensen Huang gives a thumbs up to reporters before departing through the Seoul Gimpo Business Aviation Center on Tuesday, after concluding his five-day visit to South Korea. [Yonhap]](https://wimg.heraldcorp.com/news/cms/2026/06/10/news-p.v1.20260609.22ff8b7fdd734f3cb886d468fb154da9_P1.jpg)
Nvidia CEO Jensen Huang's recent remark that a global market selloff was "an opportunity to buy stocks cheaply" has drawn pushback from an overseas analyst, who called it a dangerously optimistic investment tip and warned of potential overheating in South Korean equities.
Bloomberg columnist Shuli Ren on Tuesday published a piece titled "Jensen Huang Is Cheering on His Own Suppliers. That's Worrying," taking aim at Huang's recent comments.
Huang made the remarks Monday after meeting SK Group Chairman Chey Tae-won at SK's Seorin Building in Jongno-gu, Seoul. Asked about the global market downturn, he said investors should "be very happy" because it offered a chance to buy stocks at lower prices.
He also said he disagreed with concerns that expectations for AI demand had grown too high, adding that anyone who imagined what AI would look like in 10 years would see any volatility as a good opportunity.
Ren said the remarks reflected an overly rosy reading of current market conditions and warned that stock markets in South Korea and Taiwan were showing signs of overheating.
"It felt reckless, without a good grasp of the market's dynamic," Ren wrote, adding that what Huang should offer is concrete guidance — not excessive optimism — if the industry hopes to avoid a repeat of the dot-com bust.
Ren said the market is currently showing signs of frenzied retail buying, rising leverage, and investors trying to link manufacturers of everything from cars to PCs to the AI trade.
She was particularly wary of the market impact of Huang's outsized influence.
"This is why what tech stars say matters so much," Ren wrote. Huang is seen as a driving force behind the AI trend, and shares of LG Group affiliates hit all-time highs after media reports that he had met with the LG Group chairman, she said.
"With great influence comes great responsibility," Ren added. She said Huang would do well to hold off on stock investment advice until retail investors' overly bullish outlook can be checked against a proper analysis of company valuations.
She also flagged the risk of overheating in South Korean and Taiwanese markets. Both countries have benefited from a surge in semiconductor exports, but their stock markets are beginning to look overheated, Ren said. In South Korea, where Samsung Electronics and SK Hynix together account for more than half of the Kospi, it remains to be seen whether the two companies can break free from the volatile raw materials price cycles that have long plagued the industry, she said.
Nvidia's multi-year partnership with SK Hynix and Huang's assertion that global semiconductor demand is rising are not enough on their own, she added.
Ren concluded that there is no new benchmark to justify further share price gains before the next earnings season begins in late July. "Stuck in an information vacuum, we have no way of knowing whether the share price rally aligns with actual increases in chip orders or profits," she said.
Huang departed South Korea on Tuesday after a five-day visit.
yeonjoo7@heraldcorp.com
