Nvidia isn't always going to rule AI, strategist explains

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Nvidia News

Bokeh Capital Partners Founder,Kim Forrest,Chip Designer

Shares of Nvidia (NVDA) are trading lower after the chip giant executed a 10-for-1 stock split. Bokeh Capital Partners Founder and CIO Kim Forrest joins...

"I'm always cautious because we're assuming that, by the current price and the current thought behind Nvidia, that this company is going to rule AI forever and ever... I don't believe that. I believe that the huge margins are going to be attractive. And here's a crazy idea: maybe some chip designer will come up with an even better way to be useful in the AI ecosystem," Forrest explains.

Yes, we're expected to see some increased volatility surrounding this name because of that retail investor interest.

Well, Kim, we're gonna have to have you on again so that I can get into which player you think is most positioned for that, but really appreciate you joining us. -- Prime Minister Justin Trudeau’s government will call for a vote this week on a planned hike in the capital-gains tax inclusion rate, a measure that would raise billions in additional government revenue and has attracted the ire of Canada’s business community.

 

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