NVIDIA Earnings, AI Trade Strength

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AI trade

CNBC

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Technology

Fundamental demand for AI equals demand for Nvidia chips near-term, says Firstmark's Rick Heitzmann

Summary

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58% Informative

Smart Capital founder and partner Rick Heisman talks about what's on the line next week for the AI trade.

He says people will continue to spend big on the long term on AI and therefore continue to buy chip spend.

Deep sea's deep sea immediately rocketed to number one on the App Store , which means there's still fundamental consumer demand for whatever AI products.

In January IPO anticipation was at a three-year high.

I think uncertainty is the worst thing for IPOs. Uncertainty on inflation, which which effects interest rates, uncertainty of what are the rules of the road and where are we going and just lack of confidence in the investor marketplace.

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informal

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English

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not offensive

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not hateful