NVIDIA as an AI Catalyst and Market Driver

about 1 month ago

Joe Weisenthal

"Now, NVIDIA. Yeah, I mean, if we had this show a year ago as well, you could have said, Ozan, as of this morning, one of my partners in success, Saravellos, his piece is already viral. He's claiming, tongue-in-cheek, that NVIDIA is almost keeping U.S. away from a recession. All that chip story, all that capex spending."

The discussion highlights NVIDIA's pivotal role in the market, particularly due to its strong positioning in AI and robust capital expenditures. The conversation emphasizes that despite broader market concerns, NVIDIA's performance—bolstered by significant flows (with around 80% of purchases hedged) and the upcoming November 19 earnings—positions it as a key driver of U.S. equities and technology growth.

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