Last July, I unveiled what I thought could be the most important technology stock in the world going forward live on my show The Halftime Report. That stock was NVIDIA (NVDA) and it went on to become the best performing stock in the S&P 500 for 2016.
I don’t have the original clip, but here’s an abbreviated version:
When I first started talking about NVDA, what I was thinking about was not the company’s next quarterly earnings report, because I have no edge on that sort of stuff whatsoever. Instead of that, what I really enjoy thinking about are the very big ideas. The stuff where I recognize how the world is changing and do my best to understand where it’s headed next and what that might mean. I am about as good (or bad) at this as anyone else, admittedly, but every once in awhile I nail a big idea.
NVDA, which I still have a position in, has tripled since my mention last summer and I’ve been talking about it and reading about it ever since. I’m pretty well versed in the story by now. Today, it’s a $95 billion company, and a lot of that market cap has been added in just the last few months. I’m showing price and market cap below:
Unfortunately, I have no idea of where the stock is headed next. For all I know, it could drop from over 150 where it trades these days back down to 75 (the greatest stocks in history mostly have one thing in common – they make their investors suffer the whole way up with massive drawdowns).
This isn’t about that.
I’m bringing up the company for another reason. I think that, regardless of where the company’s share price goes from here, they have built the semiconductor architecture that will change our world over the next decade. NVDA’s ability to bring parallel processing, scaled for everything from tiny Internet Of Things devices to massive virtual reality systems, puts them in an emblematic place at the forefront of every major trend. Augmented Reality, Virtual Reality, AI, Deep Learning, Machine Learning, Autonomous Cars, Video Gaming, Cloud Computing, Robotics – all of it requires the type of architecture that NVDA has pioneered, which is transcending the bounds of Moore’s Law.
If you’re like the typical trader or investor, you hear these terms and you see NVDA mentioned alongside articles about them, but you may not have a good understanding of why the Graphical Processing Unit (GPU) chip and all of the technology around it are now so important.
This is why I want you to take 24 minutes tonight to listen to NVDA co-founder and CEO Jensen Huang explain it in his own words.
In the embedded audio below, you’ll hear a short interview with the Financial Times’s innovation editor, John Thornhill, recorded at the end of May but just released yesterday on the web. Understanding the next wave of technology and innovation begins with understanding the chipsets that will be the guts of it. As Huang explains, just as software has eaten the world, now it’s AI’s turn to eat all the software. I think that he, more than perhaps any CEO, has a grip on what’s about to happen and how businesses, investors and inventors can fit into it. Semiconductor stocks, as a sector, have been making new all-time highs almost every day this summer, and leading the market.
What’s interesting is that no one outside of the tech world and maybe a subset of growth stock investors even knows his name. Certainly not in comparison with a Jack Ma or a Tim Cook or even a Satya Nadella or Jack Dorsey. If you ask the average person what an Intel or a Qualcomm chip goes into, most of them can tell you “a PC” or “a cellphone.” You won’t find many civilians who can talk about the use cases for NVDA GPUs. At least, not today.
And yet the kind of stuff Huang is working on – along with all of the other AI pioneers – is going to be so integral to our lives in the coming decade and beyond. So I’m not suggesting you listen to this and run out to buy the stock. Rather, I want you to consider just how big all of these technological challenges are, and how amazing the world will be as they get solved and a million innovations blossom all around us.
I hope this is helpful for you. I think it could be the most important 24 minutes of your investing year.
اپل ایدی
[…]please check out the sites we comply with, like this 1, because it represents our picks through the web[…]
Gigi Cesare Official Video
[…]Every after in a when we decide on blogs that we read. Listed below are the latest sites that we choose […]
necklace for girlfriend
[…]Sites of interest we’ve a link to[…]
خرید vpn وی پی ان کریو
Check beneath, are some totally unrelated internet-internet sites to ours, even so, they are most trustworthy sources that we use.
خرید vpn
My developer is trying to persuade me to transfer to .net from PHP. I have usually disliked the thought due to the fact of the fees. But he’s tryiong none the less. I have been utilizing Movable-variety on a quantity of sites for about a yr and am anxi…
… [Trackback]
[…] Find More here|Find More|Find More Informations here|Here you will find 42150 additional Informations|Infos to that Topic: thereformedbroker.com/2017/06/08/the-most-important-24-minutes-of-your-year/ […]
خرید vpn وی پی ان کریو
I’m genuinely loving the topic/style of your net internet site. Do you ever run into any web browser compatibility problems? A tiny number of my website viewers have complained about my blog not doing work accurately in Explorer but seems fantastic in…
… [Trackback]
[…] Read More on|Read More|Find More Infos here|There you can find 37359 additional Infos|Informations to that Topic: thereformedbroker.com/2017/06/08/the-most-important-24-minutes-of-your-year/ […]
اپل ایدی
Each and every following in a even though we choose for blogs that we read through. Detailed under are the most present internet internet sites that we decide for
اپل ایدی
Do you have a spam difficulty on this blog I also am a blogger, and I was curious about your circumstance many of us have developed some wonderful techniques and we are searching to trade techniques with others, why not shoot me an e-mail if intrigued.
buy kona coffee
[…]we came across a cool site that you could love. Take a look in case you want[…]
خرید vpn
Sohan is also being accused of leaving the jurisdiction in December previous year with no authorization.
طراحی سایت
below are some hyperlinks to web web pages that we link to for the cause that we feel they may possibly be really really worth checking out
خرید vps
[…]the time to study or check out the content or internet sites we’ve linked to beneath the[…]
خرید vpn
Does your web site have a get in touch with web page? I’m obtaining a difficult time locating it but, I’d like to shoot you an e-mail. I’ve acquired some innovative tips for your site you may possibly be fascinated in hearing. Both way, excellent weblo…