When he gives up and stands still (staring at you like you’ve gone crazy), THAT’s when you greet your dog and give him some love and attention. This is the reward he was looking for. Following these rules will ensure he learns that he will only earn that reward by not jumping (don’t overdo the high-pitched voice saying, “GOOD BOYYYYY” or it will just rile your dog up even more to start jumping again).
You shouldn’t stop this type of jumping. You need to diagnose your dog's issue and remedy that. If your dog is just stressed being in a new situation, you should calmly get them off of you, offer them a treat to calm them down, and have them sit politely beside you until their stress level has subsided (or take them somewhere else so that they can calm down if it is taking a while for them to calm down.) But most of all, please do not just ignore this behavior change.
Puppies should be told from day one, "no jumping." Anything you do not wish your cute little puppy to do when it is full-grown should not be allowed when it is a puppy. Think about the behaviors you allow your puppy to do; is it something you will always allow him to do even when he is full-grown? If the answer is no, do not allow your puppy to do it from day one.
Why do dogs jump up? A plausible explanation arises from their ways of communicating with each other. A puppy greeting an adult dog often licks the adult’s muzzle -- a polite, deferential behavior. Dogs, of course, descend from wolves, among whom muzzle-licking is how pups get the grownups to regurgitate food for them. Domestic dogs rarely nourish puppies this way, but muzzle-licking has survived, maybe because deferential behaviors are handy for a social animal. Think of humans saying “No, after you.” Muzzle-licking is also an appeasement behavior -- something you trot out to de-escalate a fight. A human might lift up his hands, palms toward the person he’s arguing with.