Reported 11 months ago
Renowned investor Philippe Laffont remains positive about the future performance of NVIDIA, the AI chip leader, despite recent fluctuations in the stock price. Laffont, who manages assets totaling $47 billion through Coatue Management, highlighted that the main risk for NVIDIA comes from geopolitical crises, particularly China invading Taiwan. While acknowledging the stock's 150% surge this year, Laffont cautioned that a Taiwan Strait conflict would have a significant impact on NVIDIA and global stock markets. He also expressed excitement about the long-term potential of AI-powered robots and raised questions about the energy consumption implications of AI advancement.
Source: YAHOO