Nvidia's Market Cap Overtakes Google & Amazon in Early 2024

The way we see Datacenters in the GPU/AI chip era has changed fundamentally.

Hey Everyone,

I’m biased and I’d like to explain how I see myself in this context. In a nutshell, I’m a techno-skeptic when it comes to OpenAI, as much as I’m a techno-optimistic about Nvidia, and it comes down to fundamentals as an investor and analyst.

Listen carefully to how Nvidia’s CEO Jensen Huang (黃仁勳), a Taiwanese American conducts himself.

Watch the Video

“We are at the beginning of a new industrial revolution with the emergence of artificial intelligence, similar to the industrial revolutions that took place with the production of energy from steam and electricity and the emergence of computers, as well as the Internet revolution.”

---

📶 From our sponsor: 📶

Exploiting AI-Generated Code

Join Snyk's Live Hack to dive into the realm of AI-assisted coding tools, specifically GitHub Copilot & ChatGPT. By the end, you'll have built a demo app using AI-assisted coding tools and actively hacked and remediated 3 vulnerabilities! 🤯

---

My favorite Nvidia evangelist these days on social media these days has to be Jim Fan (Linxi) who most recently explained Nvidia Chat with RTX. LJF is also an important robotics evangelist.

Nvidia a Leader in Customer A.I. Chips

Nvidia's Custom Chip Play is a new Moat for AI Chip Leadership

Let’s take a journey of why I’m bullish about Nvidia both as a company, stock and as a leader in Generative AI as an accelerationist company opening up large language model technologies to many parts of the world in 2024.

Hyperscale Semi, GPU and Datacenter Stocks are Tethered to Nvidia’s Price Now

Nvidia is a major component of the global semiconductor supply chain along with TSMC. So this week shares of TSMC reached an all-time high on February 15th, 2024 after Morgan Stanley lifted the price target on its Nvidia. Just as when Bitcoin goes up it impacts other cryptos and blockchain stocks or when Tesla going up used to impact other EV stocks, we are seeing the same thing with Nvidia and datacenter and semiconductor stocks. Nvidia is single handedly moving markets during the last six months like few things we’ve seen in recent times.

The Generative AI bull market is due to Nvidia in more ways than we can count.