China, AI and NVIDIA
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Nvidia, Eli Lilly plan AI drug innovation lab
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It was just three months ago that Nvidia turned heads in the tech world with the DGX Spark, a $4,000 desktop supercomputer that was meant to help democratize AI beyond corporate giants. Things move fast in the AI world, though, and the company has another, more powerful model coming to market in the next few months.
The announcements reflect a calculated shift from discrete chip sales to integrated systems that address enterprise infrastructure bottlenecks.
Peter Thiel is a legend in Silicon Valley. He was one of the founders of PayPal, after which he went on to co-found Palantir. He was also one of the first outside investors in Facebook (now Meta Platforms ), so he also has a sharp eye for investment opportunities.
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'Big Short' investor Michael Burry explains why he's betting against Nvidia, not Meta or Microsoft
Michael Burry of "The Big Short" fame said Nvidia is "simply the purest play" for an investor to bet against the AI boom.
Billionaire Nvidia board member Tench Coxe and his wife Simone are donating $100 million to the University of Texas Medical Center in Austin.
Broadcom is uniquely positioned to benefit from secular tailwinds fueling investments across the AI infrastructure value chain. Among the 48 analysts covering Broadcom now, none of them calls the stock a sell.
For investors familiar with Nvidia's vertical move, Sosnoff's "boring" label makes the thesis clear: The AI revolution is real, but the easy money has been made. If the market faces a spring correction, the most crowded trades may be the first to fall.
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