Nvidia Stock Is Up Over 233% In The Past Year And Tech Bulls Say It Could Go Even Higher From Here: '...You'll See The Stock Double Over The Next Several Years'
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.
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.
Direxion Daily NVDA Bull 2X Shares Declares Quarterly Distribution of $0.4973
A Potential Calm Before The Storm Could Draw Intrigue In Direxion's NVDU And NVDD Funds
