Nvidia CEO Rejects Job-Loss Fears as Media Criticism Mounts

On June 3-4 Nvidia CEO Jensen Huang dismissed AI-driven job losses as 'complete nonsense,' arguing the technology is spurring software-engineer hiring while agentic-AI demand turns parabolic. The remarks followed his June 2 Computex confirmation that supply for GPUs and CPUs has been secured despite constraints, lifting shares 6.3%. The update builds on the May 20 earnings beat of $81.6 billion revenue (+85% YoY) and $91 billion guidance with zero China data-center revenue, plus the Vera Rubin CPU platform targeting a $200 billion market. A June 4 opinion piece framed ongoing media and political scrutiny as Nvidia’s chief remaining challenge.