Nvidia CEO Jensen Huang: AI Job Losses Are ‘Complete Nonsense,’ AI Driving Hiring Surge Instead

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Thomas Richmond

Wed, June 3, 2026 astatine 10:14 AM CDT 3 min read

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Nvidia (NVDA) reported Q1 FY2027 gross of $81.6B, up 85% year-over-year, with Data Center gross hitting $75.2B and Data Center Networking surging 199%, driven by accelerating AI infrastructure buildout and agentic AI deployments generating existent worth crossed enterprises.
CEO Jensen Huang argues that AI’s productivity multiplier is spurring companies to prosecute much bundle engineers alternatively than trim them, contradicting wide concerns astir AI-driven occupation losses.
The expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks. Get them present FREE.

Jensen Huang is pushing backmost hard connected the thought that AI is gutting bundle engineering jobs. Speaking with Bloomberg connected June 1, the CEO of NVIDIA (NASDAQ:NVDA) called the prevailing communicative astir AI-driven layoffs "Complete nonsense" and argued that the productivity unlocked by agentic AI is pushing companies to prosecute much engineers.

What Huang Actually Said

Huang's connection connected Bloomberg was blunt. "The fig of engineers, bundle engineers, is really increasing," helium said, earlier adding, "People speech astir AI reducing jobs. Complete nonsense."

The economical logic helium laid retired hinges connected the productivity multiplier that AI tools springiness a azygous engineer. "If you tin prosecute a bundle technologist and you could make $9 trillion worthy of productive work, wherefore wouldn't you privation to prosecute much bundle engineers?" Huang asked. He continued: "Because the output is truthful incredible, radical privation to prosecute much bundle engineers. This is going to amusement up successful our system someway soon."

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks. Get them present FREE.

Readers tin ticker Bureau of Labor Statistics payroll data, major-employer hiring announcements, and bundle institution net calls to spot however Nvidia CEO Jensen Huang's prediction plays out. Total nonfarm payrolls sat astatine 158,736 1000 successful April 2026, a level that has been broadly unchangeable since precocious 2024.

Huang Isn't Neutral (But He's Probably Right)

Of course, Jensen Huang has a commercial involvement successful selling this narrative. NVIDIA sits astatine the halfway of the AI infrastructure boom, and the company's latest results suggest customers proceed to walk aggressively connected AI capacity. He is besides the astir almighty CEO successful the AI compute stack, and NVIDIA's astir caller results backmost up his assertion that customers are racing to deploy much capacity.

While helium mightiness beryllium biased, he's besides person to the latest AI developments than virtually anyone successful the world.

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