Nvidia isn't always going to rule AI, strategist explains

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Nvidia News

Bokeh Capital Partners Founder,Kim Forrest,Chip Designer

Shares of Nvidia (NVDA) are trading lower after the chip giant executed a 10-for-1 stock split. Bokeh Capital Partners Founder and CIO Kim Forrest joins...

"I'm always cautious because we're assuming that, by the current price and the current thought behind Nvidia, that this company is going to rule AI forever and ever... I don't believe that. I believe that the huge margins are going to be attractive. And here's a crazy idea: maybe some chip designer will come up with an even better way to be useful in the AI ecosystem," Forrest explains.

Yes, we're expected to see some increased volatility surrounding this name because of that retail investor interest.

Well, Kim, we're gonna have to have you on again so that I can get into which player you think is most positioned for that, but really appreciate you joining us. -- Prime Minister Justin Trudeau’s government will call for a vote this week on a planned hike in the capital-gains tax inclusion rate, a measure that would raise billions in additional government revenue and has attracted the ire of Canada’s business community.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AMD can compete with Nvidia as markets seek a 'second source'Nvidia (NVDA) and AMD (AMD) have both made product announcements at Taipei's Computex conference. Nvidia CEO Jensen Huang revealed details about the next...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

European Shares Drop With Focus on Nvidia and Reports of UK VoteEuropean stocks traded lower ahead of Nvidia Corp. earnings later today, while UK equities declined after data showed that inflation cooled less than expected last month, threatening to delay interest rate cuts. Meanwhile, the BBC reported that UK Prime Minister Rishi Sunak is likely to call an election for July 4.
Source: BNNBloomberg - 🏆 83. / 50 Read more »