Nvidia has a lot of competition coming after them: UBS's Michael Nell

Рет қаралды 9,951

24 күн бұрын

Though investors hoped Nvidia's (NVDA) earnings would substantially boost markets, the Dow Jones Industrial Average (^DJI) experienced its biggest decline in over a year, recovering slightly Friday morning. UBS Asset Management Senior Portfolio Manager Michael Nell joins the Morning Brief to discuss what the hype surrounding Nvidia and other chip names signals for the broader market.
Nell claims Nvidia is the "leader" in AI processing, but many other companies are "coming after them." AMD (AMD) and Intel (INTC), for instance, are pushing clients to migrate from CUDA, Nvidia's proprietary computing platform, to open or third-party interfaces, he says.
The strategist adds that AI hype mostly concerns "use cases," or theoretical applications. Though the AI moment is not as exaggerated as the internet bubble, Nell recommends that investors focus on areas where AI has "already proven itself," like social media ad targeting and search.
#youtube #AI #STOCKMARKET
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Пікірлер: 35

@Stevierockie 21 күн бұрын

Have you observed the movement in Nvidia's stock this year?

@pengily_emi 21 күн бұрын

Indeed, it's been remarkable. I've heard Desiree Ruth Hoffman foresaw this at the outset of the year.

@RockRex-lx7lg 21 күн бұрын

Is that so? What insights led Desiree Ruth Hoffman to make such a prediction?

@SantosCliff 21 күн бұрын

Desiree Ruth Hoffman possesses a profound comprehension of market dynamics and technological trends. Her foresight is quite remarkable.

@Stephenrogzyyy 21 күн бұрын

Impressive. I should certainly consider consulting Desiree Ruth Hoffman's predictions before making any investment moves.

@brandonderrick006 23 күн бұрын

Sounds a lot like Tesla competition that I still don’t see on the roads…

@AnotherBrownKid 23 күн бұрын

You just don't notice them...

@mingouczjcz3800 23 күн бұрын

What you don't see doesn't mean non-existent. Tesla's Fsd is rated second tier in various Chines stringent road tests. Now Huawei's H910B has beaten Nividia's H10 both in performance and price.

@davidmueller9342 23 күн бұрын

When it happens

@brandonderrick006 23 күн бұрын

@@AnotherBrownKid I do but they’re total sales are irrelevant. Tesla is the branding king.

@brandonderrick006 23 күн бұрын

@@mingouczjcz3800 Huawei can’t sell in America so who cares. Trust and branding matters at the global level…

@tyraelhermosa 20 күн бұрын

Making these chips isn't as simple as "oh yeah, we should do that. There's a lot of money in that..." Many companies have tried to compete with nVidia over the decades. Nobody has really succeeded for more than a blip here or there.

@Ua_ib76 22 күн бұрын

Insightful!

@adeel5059 22 күн бұрын

"that was different" remains to be seen

@user-cy3il8vq1b 23 күн бұрын

sounds good UBS.

@user-yq7rr9lh9c 22 күн бұрын

Yes, competition that will never catch up to them, another clown.

@Ua_ib76 22 күн бұрын

Investors who last this long in portfolio management typically have proven track records long term. Given his decades of experience, one might come to regret thinking Nvidia is infallible.

@user-yq7rr9lh9c 22 күн бұрын

@@Ua_ib76 btw, I been around since .com and learned this game long ago.

@rns_gravity8269 13 күн бұрын

@@Ua_ib76 Most active portfolio managers never beat the market. Hardly any have a proven track record of being able to predict anything, if they did they would beat the market year after year.