Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
In a recent investor letter, Cathie Wood, the CEO of ARK Invest, emphasized the pivotal role of NVIDIA Corp (NASDAQ:NVDA) in the company's performance, despite short-term challenges.
在最近一封投资人信中，交银国际基金首席执行官Cathie Wood强调了NVIDIA Corp（纳斯达克代码：NVDA）在公司业绩中发挥的关键作用，尽管存在短期挑战。
What Happened: Wood, in her letter to investors, underscored Nvidia's significant contribution to ARK's performance since its inception in October 2014. She identified Nvidia as a crucial player in the AI space. "Early on, we identified Nvidia as the premier "picks and shovels" play in the AI space, Wood wrote.
发生了什么：Wood在致投资者的信中强调了自2014年10月成立以来，Nvidia对ARK业绩的显著贡献，并将Nvidia视为人工智能领域的关键参与者。Wood写道：“早期，我们将Nvidia确定为人工智能领域的premier'选股工具'。”
Despite the recent market volatility, ARK's ARK Next Generation Internet ETF (NYSE:ARKW) continues to have exposure to Nvidia, with a 1.39% weight as of Jun 28.
尽管最近市场波动，ARK的 下一代互联网ETF（纽交所代码：ARKW）仍然可以暴露于Nvidia，截至6月28日，其权重为1.39％。
Wood acknowledged the impact of OpenAI's "ChatGPT moment" on Nvidia, which coincided with the Federal Reserve's substantial interest rate hike. This led to a surge in investor interest in Nvidia and other cash-rich stocks, prompting ARK to seek diversified exposure to the AI revolution.
Wood承认了OpenAI的“ChatGPt moment”对Nvidia的影响，这与联邦储备利率大幅上涨相吻合。这导致投资者对Nvidia以及其他现金丰富的股票产生了极大的兴趣，促使ARK寻求对人工智能革命的多元化曝光。
She also noted that the weak macro environment and long-term corporate strategic decision-making have posed challenges for software companies. Despite this, Wood remains bullish on AI investments, viewing AI as a foundational innovation platform that will drive value creation for many technologies and new companies.
她还指出，疲软的宏观环境和长期企业战略制定对软件公司构成了挑战。尽管如此，Wood对人工智能投资仍持看好态度，认为人工智能是一种基础创新平台，将推动许多技术和新公司的价值创造。
"Given high and perhaps unfulfilled short-term expectations, customers are likely to reassess their AI strategies, causing Nvidia's business some short-term indigestion," wrote Wood.
Wood写道：“考虑到高企、或许尚未实现的短期期望，客户可能会重新评估其人工智能战略，给Nvidia的业务带来一些短期的难以消化的困境。”
Why It Matters: This letter comes after ARK Invest made significant trades in Nvidia amid considerable market volatility. In late June, the firm's ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) sold 33,834 Nvidia shares, valued at $4.3 million. This was part of a series of transactions carried out by ARK's various ETFs.
为止这封信是在ARK Invest在巨大的市场波动中进行重要的Nvidia交易之后发出的。在6月末，该公司的ARK自主技术与机器人ETF（BATS：ARKQ）卖出了33,834股Nvidia股票，价值430万美元。这是ARK各种ETF所进行的一系列交易的一部分。
Despite these adjustments, Wood remains confident in ARK's AI investments, emphasizing the firm's continued exposure to emerging tech players. She initially invested in Nvidia in 2014 when the stock was approximately $4 per share, adjusted for splits.
尽管进行了这些调整，Wood仍对ARK的人工智能投资充满信心，并强调公司对新兴技术公司的持续曝光。她最初在2014年以每股约4美元的价格（调整后）投资了Nvidia。
Meanwhile, Nvidia's sky-high valuation has given some investors pause, with experts warning of a potential reevaluation. Despite this, Nvidia's performance has been exceptional, with the stock being the fifth largest contributor to ARK's ARKK performance.
与此同时，Nvidia的高估值使一些投资者感到担忧，专家警告可能会进行重新评估。尽管如此，Nvidia的业绩非常出色，该股票是ARK股票仓位中第五大贡献者。
Price Action: Nvidia Corp closed at $134.91 on Wednesday, up 2.69% for the day. In after-hours trading, the stock rose 0.51%. Year to date, Nvidia has shown impressive growth, surging by $86.74 or 180.07%, according to data from Benzinga Pro.
股价走势：Nvidia公司于周三收于134.91美元，当日上涨2.69％，盘后交易中，该股上涨0.51％。截至目前，Nvidia今年迄今为止表现出色，根据Benzinga Pro的数据，涨幅已达86.74美元或180.07％。
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Photo via Ark Invest
照片来自Ark Invest
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本报道使用Benzinga Neuro生成，并由Kaustubh Bagalkote