• 6 months ago
Nvidia's AI chips are 'new gold, new oil' – analyst

Nvidia rallies to record highs on June 5, 2024 with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company. Nvidia is preparing to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors. The surge in Nvidia's market value above Apple's marks a shift in Silicon Valley, which the company co-founded by Steve Jobs has dominated since it launched the iPhone in 2007.

Video by REUTERS

Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe

Visit our website at https://www.manilatimes.net

Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion

Subscribe to our Digital Edition - https://tmt.ph/digital

Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein

#TheManilaTimes
#tmtnews
#nvidia
#artificialintelligence

Category

🗞
News
Transcript
00:00 [BLANK_AUDIO]
00:10 NVIDIA makes chips that are powering artificial intelligence.
00:21 And if you understand the AI revolution, it starts and
00:27 ends with the godfather of AI, Jensen Huang and NVIDIA.
00:31 [BLANK_AUDIO]
00:41 AI is really a fourth industrial revolution that's playing out.
00:54 These chips are the new gold, the new oil in terms of what NVIDIA is producing.
01:01 And it's enabling enterprises and consumers to access applications and
01:06 data they've never been able to access.
01:09 And that's why it's really creating what's an AI revolution across power.
01:14 [BLANK_AUDIO]
01:24 I think this is the bottom of the first and then pray our revolution.
01:28 The party is just getting started, long road ahead and
01:31 that's good for tech investors.
01:32 [BLANK_AUDIO]
01:44 The godfather of AI, Jensen and NVIDIA,
01:47 they're the only game in town in terms of AI.
01:50 So all the chips, they're at the top of the mountain and
01:55 they are single handedly really providing the picks and
01:59 shovels for this gold rush.
02:02 And that's why you see them surpassing 3 trillion,
02:05 surpassing Apple from Market.
02:08 But I believe NVIDIA could be the most valuable company in the world,
02:12 if we look out over the coming years.
02:15 [BLANK_AUDIO]
02:25 Yeah, I believe we're gonna be talking about 4 trillion, not just for
02:31 NVIDIA, but for Apple, Microsoft.
02:34 It's a tech bull market that's being led by the AI revolution.
02:39 And this is something we have not seen since Star of the Internet in 1995.
02:45 And that's why right now the rock star is Jensen and NVIDIA.
02:49 [BLANK_AUDIO]
02:56 We think the party has just started and a year from now,
03:01 we will have three $4 trillion markups, NVIDIA, Apple, Microsoft.
03:07 [BLANK_AUDIO]
03:17 I mean, 10 for 1, it's a jaw dropper, because it shows NVIDIA's gain
03:22 almost 2 trillion of market cap this year.
03:25 And that's a lot of money.
03:27 And that's a lot of money.
03:28 And that's a lot of money.
03:29 And that's a lot of money.
03:30 And that's a lot of money.
03:31 And that's a lot of money.
03:32 And that's a lot of money.
03:33 And that's a lot of money.
03:34 And that's a lot of money.
03:35 And that's a lot of money.
03:36 And that's a lot of money.
03:37 And that's a lot of money.
03:38 And that's a lot of money.
03:39 And that's a lot of money.
03:40 And that's a lot of money.
03:41 And that's a lot of money.
03:42 And that's a lot of money.
03:43 And that's a lot of money.
03:44 And that's a lot of money.
03:47 And that's a lot of money.
03:48 And that's a lot of money.
03:49 And that's a lot of money.
03:50 And that's a lot of money.
03:51 And that's a lot of money.
03:52 And that's a lot of money.
03:53 And that's a lot of money.
03:54 And that's a lot of money.
03:55 And that's a lot of money.
03:56 And that's a lot of money.
03:57 And that's a lot of money.
03:58 And that's a lot of money.
03:59 And that's a lot of money.
04:00 And that's a lot of money.
04:01 And that's a lot of money.
04:02 And that's a lot of money.
04:03 And that's a lot of money.
04:04 And that's a lot of money.
04:05 And that's a lot of money.
04:06 And that's a lot of money.
04:07 And that's a lot of money.
04:08 And that's a lot of money.
04:09 And that's a lot of money.
04:10 And that's a lot of money.
04:11 And that's a lot of money.
04:12 And that's a lot of money.
04:13 And that's a lot of money.
04:14 And that's a lot of money.
04:15 And that's a lot of money.
04:16 And that's a lot of money.
04:17 And that's a lot of money.
04:18 And that's a lot of money.
04:19 And that's a lot of money.
04:20 And that's a lot of money.
04:21 And that's a lot of money.
04:22 And that's a lot of money.
04:23 And that's a lot of money.
04:24 And that's a lot of money.
04:25 And that's a lot of money.
04:26 And that's a lot of money.
04:27 And that's a lot of money.
04:28 And that's a lot of money.
04:29 And that's a lot of money.
04:31 [MUSIC PLAYING]
04:34 [BLANK_AUDIO]

Recommended