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NVIDIA CEO says AI boosts productivity, creating jobs rather than cutting them, backed by strong labor data.

Market News
21 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

NVIDIA CEO Jensen Huang argues AI increases worker productivity, leading to more jobs, not fewer. He cites data showing a tripling in code output without increasing developer headcount, suggesting AI multiplies value per worker. Labor market data supports this, with stable unemployment and rising wages during AI expansion. NVIDIA's strong revenue growth and capital returns reflect confidence in AI-driven economic growth, though some job shifts occur within specific roles.

More News (NVDA)

Nvidia stock soars 75% post-split on booming AI demand and record revenues

Nvidia stock soars 75% post-split on booming AI demand and record revenues

Since Nvidia's 10-for-1 stock split in June 2024, the company's shares have surged about 75.6%, driven by strong AI market demand and exceptional financial results. Nvidia reported revenue growth of 114% in fiscal 2025 and 65% in fiscal 2026, fueled ...

Company Fundamentals
Bullish
4 hours ago
Invesco QQQ Trust offers broad AI-driven tech exposure with strong 2026 growth and easy single-ticker access.

Invesco QQQ Trust offers broad AI-driven tech exposure with strong 2026 growth and easy single-ticker access.

The Invesco QQQ Trust provides investors a single ticker to access the top 100 largest non-financial Nasdaq companies, heavily weighted in AI and tech leaders like NVIDIA, Microsoft, and Apple. It has delivered strong returns, up over 20% year-to-dat...

Market News
Bullish
19 hours ago
Tech-focused fund NBXG offers 8.7% dividend with growth potential amid falling rates and AI boom.

Tech-focused fund NBXG offers 8.7% dividend with growth potential amid falling rates and AI boom.

The Neuberger Berman Next Generation Connectivity Fund (NBXG) offers a strong 8.7% dividend yield and trades at a 14.4% discount to net asset value, making it an attractive investment. The fund benefits from exposure to leading tech companies like NV...

Market News
Bullish
1 day ago
Global X Robotics & AI ETF (BOTZ) offers broad robotics exposure but faces concentration risks and lags peers.

Global X Robotics & AI ETF (BOTZ) offers broad robotics exposure but faces concentration risks and lags peers.

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is a leading U.S.-listed fund providing access to global robotics and AI companies, including major foreign automation firms and U.S. AI chipmakers. It offers investors diversified exposure t...

Market News
Neutral
1 day ago
Financials, industrials, and biotech ETFs show breakout signs as Big Tech slows, signaling a sector leadership shift.

Financials, industrials, and biotech ETFs show breakout signs as Big Tech slows, signaling a sector leadership shift.

As Big Tech stocks show signs of fatigue, Wall Street technician Katie Stockton highlights financials, industrials, and biotech sectors as potential new leaders based on technical breakouts. She recommends ETFs XLF (financials), XLI (industrials), an...

Technical Signals
Bullish
1 day ago
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