Nvidia Shows AI Catalyst Momentum

3 months ago

Lee Matteo

"All right, got to start with Nvidia, right? Ticker NVDA. Their shares have been up more than 4%. Um, yeah, now the world's first $5 trillion public company. It has to do with their Blackwell chips, a big portion of it. If you remember, like there were months ago, President Trump said he'd consider allowing the company to export the downgraded version of them to China. Well, now he, this is just ahead of that meeting he has with Xiinping. He says, quote, "We'll be speaking about Blackwell." So, it hinted there. Um, Nvidia also has that GTC event in DC. It announced a few things like a number of new partnerships with companies like Uber, Palunteer, Crowd Strike. Um, it said it's taking a $1 billion equity stake in Nokia. And uh CEO Jensen Mong, he actually said something interesting. He said there's no AI bubble. He's not concerned about it because their AI models, they're powerful enough that customers are going to pay for them."

The segment highlights Nvidia's strong momentum driven by its Blackwell chip developments, strategic partnerships, and a bullish CEO stance dismissing any AI bubble concerns. It underscores upcoming catalysts including the GTC event and potential regulatory discussions with China.

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