#2422 - Jensen Huang

Bullish:

• $NVDA - NVIDIA's long-term vision with CUDA, despite initial market rejection, transformed computing and enabled the AI revolution. The company has a track record of making visionary bets that initially crash the stock but ultimately prove transformational.

  • “We launched CUDA, the audience was complete silence. No customer wanted it. Nobody asked for it. Nobody understood it... Our stock prices went poof. I think our valuation went down to, like, 2 or $3,000,000,000. From about '12 or something like that.”

    Jensen·2:22:59

  • “That invention changed the world. Yeah. That invention changed the world.”

    Jensen·2:23:40
• $AIINFRA - AI infrastructure investments are transformational despite market skepticism. CUDA's invention fundamentally enabled the AI revolution and changed the world of computing.

  • “That invention changed the world. Yeah. That invention changed the world.”

    Jensen·2:23:40
• $SEMIS - Semiconductor companies with strong R&D and innovation capabilities will continue capturing value. NVIDIA's history of fundamental innovations in GPUs and computer graphics demonstrates the sector's importance in driving technological advancement.

  • “We invented GPUs. We invented programmable shaders. We invented everything modern computer graphics. We invented real time ray tracing.”

    Jensen·2:22:59