Reported 8 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