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Huang Renxun: The future of AI lies in 'reasoning', and a significant reduction in chip costs is key!
①Huang Renxun's latest statement indicates that the future of ai will be a service capable of "reasoning", but to reach this stage, the cost of computation needs to be reduced first; ②He said that nvidia will increase chip performance by two to three times each year, while maintaining the same cost and energy consumption levels, to lay the foundation for these advancements.
Tradepulse Power Inflow Alert: NVDL, Graniteshares 2X Long NVDA Daily ETF Rises 6% After Signal
Nvidia soared, due to Blackwell and also due to OpenAI, while institutions are actually underweighted?
Huang Renxun stated in an interview with CNBC that the upcoming Blackwell AI 'super chip' has a 'crazy' demand. At the same time, nvidia invested 0.1 billion US dollars in the financing of OpenAI, the market sees this cooperation as a symbolic step, and it may enable nvidia to have a deeper understanding of OpenAI's chip procurement plan.
Huang Renxun claims that the demand for Blackwell chips is "crazy".
Comments say that Huang Renxun's speech eased concerns about the delay in Blackwell chip production. Three weeks ago, Huang Renxun exaggeratedly affirmed that the demand for Blackwell was too high in his speech, causing nvidia's intraday surge of 9%, leading to a V-shaped reversal in the US stock market large caps.
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modest Narwhal_1005 : 1-3 years, based on when it will climb to historic high p/e ratios.
Forever Learning modest Narwhal_1005 : leverage etf is not suitable for long term, 1-3 years ? the etf decay will burn you, dont simply suggest
Seemslegit : it's true don't hold long term I held for 3 months and was starting to feel the burn only reason I held is cause nvidia was coming back
Golden John OP : that means it's only good for holding for jus few months?
105251507 Golden John OP : it good to hold for long time if u keep checking and set a stop loss..so u can enter lower..if u leave for 3 years the etf will decay n if u buy at high ..u will not get profit and might get loss instead