0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
kept coming up. >> referring to jensen huang >> greatest of all time.nd there are some people who are very cheery about knowing him because we know that he's ethereal we know that he is not of us and we know that he carries himself like a gentleman and it's ethereal. >> do you think he's a bigger visionary than elon musk >> yes >> you didn't hesitate >> yes, and i'll tell you why. i think, in the end, i do believe that those are -- that's technology on wheels, and i think that musk can see around the corner but i think that jensen is thinking about a legacy of changing the entire paradigm about the way the world is jensen is creating, single-handedly, an industrial revolution, and musk is creating, single-handedly, a way to be able to deliver things, and those are both brilliant things, but to create an industrial revolution yourself, to create the loom, to create the train, to create the steam boat, who does these things? >> do lisa su and gelsinger have any part of that, or is this a solo job >> no, lisa's watching right now and saying, jim, why aren'
kept coming up. >> referring to jensen huang >> greatest of all time.nd there are some people who are very cheery about knowing him because we know that he's ethereal we know that he is not of us and we know that he carries himself like a gentleman and it's ethereal. >> do you think he's a bigger visionary than elon musk >> yes >> you didn't hesitate >> yes, and i'll tell you why. i think, in the end, i do believe that those are -- that's technology on...
0
0.0
Feb 2, 2024
02/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will be hearing from nvidia ceo jensen huang.asia firmly in the money, trading at session highs. traders expecting those rate cuts to happen earlier than expected and the losses which we saw yesterday was pretty much overdone. that is what they are saying. green across the board. hsi up by 1.6%. a broad rally in technology on the back of the headlines rish mentioned earlier, but also about property, the bank rally up by more than 2% now. we have cheaper funding that is being put into the market. that is pretty much raising sentiment in the market. let's look at where we are in terms of where the currencies are. we are seeing the dollar weakening. that is helping the asian currencies. the rupiah up 0.5%. the aussie dollar trending upwards on expectations that rate cuts may not be coming as soon as people were anticipating. in the bond market we are seeing yields trending lower, pretty much in line with what we saw in terms of treasuries. we saw five-year yields at the lowest level since june and 10 year yields slumping about 10 ba
we will be hearing from nvidia ceo jensen huang.asia firmly in the money, trading at session highs. traders expecting those rate cuts to happen earlier than expected and the losses which we saw yesterday was pretty much overdone. that is what they are saying. green across the board. hsi up by 1.6%. a broad rally in technology on the back of the headlines rish mentioned earlier, but also about property, the bank rally up by more than 2% now. we have cheaper funding that is being put into the...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
picture like the fact we have great leaders like jensen huang, elon musk at tesla, mark zuckerberg ata they can triumph over this noise. you think these guys paid attention to these faux constraints? no their eyes were on the prize in the end all this fed talk is only relevant to super large hedge funds, the ones so big that individual stocks aren't enough to move the needle so they don't even invest in them these managers obsess over the big picture because they can only invest in the averages. too much macro, not enough willingness to get your hands dirty learning about gpus versus cpus and generative this and large language model that. notice how rarely they talk about individual stocks? notice how rarely they ever help you? then there's the cynicism. we've got some bias in the media. anyone who's made a lot of smoin treated with a certain level of suspicion, with the exception of warren buffett everyone seems ton purely out for themselves what if there were actual leaders o'who jay long-term vision, one that can make you a lot of money if you just stick with them? that's why i say
picture like the fact we have great leaders like jensen huang, elon musk at tesla, mark zuckerberg ata they can triumph over this noise. you think these guys paid attention to these faux constraints? no their eyes were on the prize in the end all this fed talk is only relevant to super large hedge funds, the ones so big that individual stocks aren't enough to move the needle so they don't even invest in them these managers obsess over the big picture because they can only invest in the...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
and that is the call >> jensen huang of nvidia woul have us believe this is th dawning of a new industria revolution he speaks of it that way we're at a tipping point he says for what's happening with ai. it sounds like you're on the same page? >> yeah, i mean multiple . whatever and i might hit a couple o things he is doing his job in promoting it and i used to be a chi analyst. i remember these companies whe it didn't look like they wer going to survive 25 years ago. i was joking around with a bunch of my old semiconductor analysts saying if you were to tell intel farooq that nvidia added som more, i would agree it's a multi-year trend that second wave is many years off when really the cost cutting and the first wave is sort o implementing the infrastructure what i hear sam altman say w don't have enough power, forge compu, it's very early on. >> and is the rally in the market at large? is this a moment of truth fo that i mean if this came in negative, was that in danger of wrecking the whole show and now we are unable to tak another leg had up because o what nvidia delivered? >> i mean
and that is the call >> jensen huang of nvidia woul have us believe this is th dawning of a new industria revolution he speaks of it that way we're at a tipping point he says for what's happening with ai. it sounds like you're on the same page? >> yeah, i mean multiple . whatever and i might hit a couple o things he is doing his job in promoting it and i used to be a chi analyst. i remember these companies whe it didn't look like they wer going to survive 25 years ago. i was joking...
0
0.0
Feb 22, 2024
02/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
that was the message in recent hours from jensen huang — the boss of nvidia, which dominates the market al chips. it came as his company revealed earnings and forecasts that were even better than expected. profits for the last three months of 2023 were up 769% on the previous year. the boom in artificial intelligence has been causing a frenzy on wall street, as investors try to cash in on a revolution that could transform the way we live and work. nvidia has been among the biggest winners so far. it's now one of world's most valuable companies. wednesday's results were seen as a key test of how the ai boom is translating into profits. and, as erin delmore in new york explains, nvidia has delivered. nvidia is the leading chip—maker in the us and the third largest company on wall street. so expectations for the companies fourth—quarter earnings had been sky—high. here was the benchmark. estimates were that nvidia would report earnings of $4.64 a share and around $20.4 billion in revenue. the company did better than that. earnings came in at around $5 per share and revenue was $22.1 billio
that was the message in recent hours from jensen huang — the boss of nvidia, which dominates the market al chips. it came as his company revealed earnings and forecasts that were even better than expected. profits for the last three months of 2023 were up 769% on the previous year. the boom in artificial intelligence has been causing a frenzy on wall street, as investors try to cash in on a revolution that could transform the way we live and work. nvidia has been among the biggest winners so...
0
0.0
Feb 2, 2024
02/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
coming up, my exclusive conversation with invidious -- nvidia's ceo, jensen huang.omberg technology." how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ed: jensen huang says artificial intelligence will matter to every single country and industry on the planet. i spoke to him, nvidia's ceo yesterday, listen to this. >> you've seen india, japan, france and canada, south asia and singapore, speak up about the importance of investing in sovereign ai capabilities. it has become abundantly clear to each one of the countries that their natural resource, which is the data of their country, should be, should be refined and produced and intelligence of their country and for their country. the capability of refining the data of their country and turning it into their artificial intelligence is now possible in quite a democratized way. almost every country should be able to do it for themselves. what's nee
coming up, my exclusive conversation with invidious -- nvidia's ceo, jensen huang.omberg technology." how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ed: jensen huang says artificial intelligence will matter to every single country and industry on the planet. i spoke to him, nvidia's ceo yesterday, listen to this....
0
0.0
Feb 29, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
you need jensen huang.to do is go back to when frank slootman did interview jensen huang at a user conference, the blind side of jensen, to see when he speaks what he can be like and how amazing. >> okay. >> people should watch it. he's amazing that's why - >> that's a head's up. >> there's a reason why nvidia -- jensen huang, he will say the team is good and they are, but he's incredible duo lingo the star of the day, the lessons here are extraordinary number of people who are taking the product i have hormel on tonight, the star of the s&p. >> duo lingo is one of the stars of the day. >> yes. >> and actually shockingly good. >> jeff martin, delivered the best of the utility quarters i've seen and jim snee, the stock up the most today in the s&p. i think that there's a protein revolution to go with the documentary, people are not realizing that you need protein with these drugs or you get frail very quickly. >> yes. >> loss of muscle mass with the glp-1. for a certain cohort above a certain age where it's
you need jensen huang.to do is go back to when frank slootman did interview jensen huang at a user conference, the blind side of jensen, to see when he speaks what he can be like and how amazing. >> okay. >> people should watch it. he's amazing that's why - >> that's a head's up. >> there's a reason why nvidia -- jensen huang, he will say the team is good and they are, but he's incredible duo lingo the star of the day, the lessons here are extraordinary number of people...
0
0.0
Feb 23, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
if jensen huang was right in his postgame presser, the earnings call, we talked about it extending into industries it will increase earnings and dividend growth. >> joe, train technologies is up, intuitive surgical up 48%, costco up 34 trane also a record intraday high >> this is the reason i'm so passion add about our conversation, everyone on the desk is managing money and everyone in the halftime universe is managing money you never want to concede to the market the three names are a classic example of mine for the opportunities, reshape the risk, understand the risk and you have the strong belief that, yes, you can with your strategy overcome some of the concentrated performance that we see in the names like meta and nvidia >> weiss, transdym, uber, 80 >> if you take a look at those, goldman is the premiere investment bank, in my view. and they will even ratchet up that performance transdigm is a permanent compounder, a private collection, and it's an aerospace and defense. there's not a plane out there that doesn't have one of their parts on it. uber has just delivered. i have all
if jensen huang was right in his postgame presser, the earnings call, we talked about it extending into industries it will increase earnings and dividend growth. >> joe, train technologies is up, intuitive surgical up 48%, costco up 34 trane also a record intraday high >> this is the reason i'm so passion add about our conversation, everyone on the desk is managing money and everyone in the halftime universe is managing money you never want to concede to the market the three names...
0
0.0
Feb 21, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
huang to one global superstar. >> jensen huang is the ceo of taylor swift i'm not joking whatever happensomorrow, do we think it's make or break for nvidia no way nobody's about to call a top on taylor swift, so why does everyone want to call a top with nvidia >> he's not sweating the quarter, working on something more long-term >> he's sweating the march k keynote, which is something that he does a deep dive every year there will be a virtual, but yo have humans, and that's what he thinks about, which is a five to ten-year plan. he has to deal with the quarter, because he is human. taylor swift has to deal with her appearances in the box with kelce because she's human. what really matters here is that if you think that a.i. is a short, if you think it's all, you know, if you think it's degenerative a.i., if you don't think there's anything to it, you should sell, because nvidia is what makes it all happen. i have said own it, don't trade it the only other stock i've said that about is apple, because i need to restrain myself. i find myself from -- there was someone in the "journal" yeste
huang to one global superstar. >> jensen huang is the ceo of taylor swift i'm not joking whatever happensomorrow, do we think it's make or break for nvidia no way nobody's about to call a top on taylor swift, so why does everyone want to call a top with nvidia >> he's not sweating the quarter, working on something more long-term >> he's sweating the march k keynote, which is something that he does a deep dive every year there will be a virtual, but yo have humans, and that's...
0
0.0
Feb 22, 2024
02/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
that was the message in recent hours from jensen huang, the boss of nvidia.tes the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in the country now threatened by us export curbs. but are we watching a bubble develop? here's one industry perspective from malcolm penn, who is a consultant to the semiconductor and electronics industry. it is the fundamental question, at the end of the day. are we reliving the dotcom crisis of the 2000s when everybody thought networking and the internet was going to change the way the world did? now, it did change the way we work and everything else, but not quite in the way that was envisaged back in the late 19905 and early 20005. so clearly there's a lot of hype and hyperbole about al, but nobody really understands what ai is going to do... we think we know what it's going to do for us, but we don't know how we're going to use it or how it's going to be presen
that was the message in recent hours from jensen huang, the boss of nvidia.tes the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in the country now threatened by us export curbs. but are we watching a bubble develop? here's one industry perspective from malcolm penn, who is a consultant to the semiconductor and electronics...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
all trading higher jon fortt sat down with the nvidia ceo jensen huang. he talked about the enterprise software companies which are the ones driving demand for nvidia's technology >> what will happen is the world's enterprise software platforms represents $1 trillion that $1 trillion represents service now and it represents data platforms like snowflake and box and s.a.p. and oracle these data platforms will be r revolutionized the way to think about that is simple the platforms used to be tools that experts learn to use. in the future,s tools companies offer a.i. agents to hire to use the tools. >> you can see more of the interview with jon on "closing bell overtime. joining us now is chris from wolfe. every time you turn around, you have to raise it where were you six months ago, ch chris? do you remember your target six months ago >> it's been moving higher it has been the top pick for some time now. it is hard to keep up with numbers when they are moving this fast. another very good report with good upside to the numbers you know, what's extraordinary
all trading higher jon fortt sat down with the nvidia ceo jensen huang. he talked about the enterprise software companies which are the ones driving demand for nvidia's technology >> what will happen is the world's enterprise software platforms represents $1 trillion that $1 trillion represents service now and it represents data platforms like snowflake and box and s.a.p. and oracle these data platforms will be r revolutionized the way to think about that is simple the platforms used to...
0
0.0
Feb 21, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
in the press release, jensen huang saying increased demand still lies ahead and reassures confidence in this a.i. trade, which is exactly what investors were looking for heading into this report. but we knew the options market was pricing in 11-point swing, what are we at, 10% now? >> yeah, there you go, 10%, right on it. the company clearly hitting on all cylinders in the most recent quarter and looking for bright skies ahead. kristina, we'll be back to you, i'm sure, several times. let's kick this one around a little bit, guy. >> gross margin stuck out to me, 77%, so, good for them listen, great quarter. there's nothing not to like in terms of the quarter here's what i say, and people are going to at me on twitter all night long the magnitude of the guides high, which they continue to do, become less and less at a certain point, one has to wonder, you know, what's the right price to revenue right now, if this company is trading at $1.8 trillion, which is probably where it is at $740, you talk about a company that's trading either side of 18 times revenue, which, in this world, is e
in the press release, jensen huang saying increased demand still lies ahead and reassures confidence in this a.i. trade, which is exactly what investors were looking for heading into this report. but we knew the options market was pricing in 11-point swing, what are we at, 10% now? >> yeah, there you go, 10%, right on it. the company clearly hitting on all cylinders in the most recent quarter and looking for bright skies ahead. kristina, we'll be back to you, i'm sure, several times....
0
0.0
Feb 24, 2024
02/24
by
KNTV
tv
eye 0
favorite 0
quote 0
. >> reporter: another winner is ceo jensen huang, now on the cusp of becoming one of the 20 wealthiest people in the world. >> it's definitely a watershed event for the a.i. industry. >> reporter: for both a.i. and nvidia, the sky is now the limit brian cheung, nbc news, new york. >>> and up next, we'll hear from the american astronaut who spent a record 371 days out of this world >>> finally, he spent more days in space than any other american, and now that he's returned to earth he's reflecting on his record-breaking ride here's morgan chesky >> touchdown confirmed at 6:17 a.m. central time rubio's record ride comes to an end. >> reporter: his historic homecoming straight out of a movie, but back on earth, astronaut frank rubio's been loving life out of the limelight. >> it's really been good to get home and be back with my family and, you know, get outside. >> reporter: especially after being stuck inside the space station. rubio's six-month mission doubling after his ride home, a russian spaceship, sprang a coolant leak. the proud father of four doing his best to keep family close.
. >> reporter: another winner is ceo jensen huang, now on the cusp of becoming one of the 20 wealthiest people in the world. >> it's definitely a watershed event for the a.i. industry. >> reporter: for both a.i. and nvidia, the sky is now the limit brian cheung, nbc news, new york. >>> and up next, we'll hear from the american astronaut who spent a record 371 days out of this world >>> finally, he spent more days in space than any other american, and now that...
26
26
Feb 24, 2024
02/24
by
KNTV
tv
eye 26
favorite 0
quote 1
. >> reporter: another winner is ceo jensen huang, now on the cusp of becoming one of the 20th wealthiestly a watershed event for the a.i. industry. >> reporter: the sky is now the limit. brian cheung, nbc news, new york. >>> and up next, we'll hear from the american astronaut who spent a record 371 days out of this world. now, there's skyrizi. ♪ things are looking up, i've got symptom relief. ♪ ♪ control of my crohn's means everything to me. ♪ ♪ control is everything to me. ♪ feel significant symptom relief at 4 weeks with skyrizi, including less abdominal pain and fewer bowel movements. skyrizi is the first il-23 inhibitor that can deliver remission and visibly improve damage of the intestinal lining. and the majority of people experienced long-lasting remission at one year. serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine or plan to. liver problems may occur in crohn's disease. ♪ now's the time to ask your gastroenterologist how you can take control of your cro
. >> reporter: another winner is ceo jensen huang, now on the cusp of becoming one of the 20th wealthiestly a watershed event for the a.i. industry. >> reporter: the sky is now the limit. brian cheung, nbc news, new york. >>> and up next, we'll hear from the american astronaut who spent a record 371 days out of this world. now, there's skyrizi. ♪ things are looking up, i've got symptom relief. ♪ ♪ control of my crohn's means everything to me. ♪ ♪ control is...
0
0.0
Feb 23, 2024
02/24
by
KGO
tv
eye 0
favorite 0
quote 0
huang became the 21st richest person on bloomberg's list. he's worth around $68 billion reddit's long anticipated ipo initial public offering of stock is finally going to happen next month. >> the san francisco company filed today with the sec. while it is a popular social media platform, this could be a good test as to how it stacks up to the likes of facebook and twitter. reddit might benefit from a deal that just struck with google to make its content available to train the search engine's artificial intelligence models. coming up, two young kids found dead near the shasta dam, the circumstances becoming more clear tonight. >> plus, the study on your steps. what new research is saying about helping older women and it's election season for the oscars. >> but two big names are being left off the ballot. greta gerwig is now breaking her silence on the barbie nomination snubs. >> first look what's coming up tonight on jimmy kimmel live! right after abc seven news at 11, jimmy. >> thanks, dan and amna. we got a lot of stars on the show tonight
huang became the 21st richest person on bloomberg's list. he's worth around $68 billion reddit's long anticipated ipo initial public offering of stock is finally going to happen next month. >> the san francisco company filed today with the sec. while it is a popular social media platform, this could be a good test as to how it stacks up to the likes of facebook and twitter. reddit might benefit from a deal that just struck with google to make its content available to train the search...
0
0.0
Feb 23, 2024
02/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
double�*s ceo jensen huang says ai has hit a tipping point.s a tipping point of another variety. thursday's spike sent his personal wealth up spike sent his personal wealth up by spike sent his personal wealth up by an estimated $8.5 billion, which puts him on the verge of cracking into the world's top 20 wealthiest people. see, nvidia manufactures the chips used to power the ai technology that is the subject of so much examine right now. it is one of the magnificent seven tech stocks that routinely outperformed the wider market and in fact a handful of the other magnificent seven are the customers of nvidia. in all, it totals a big day on wall street. on thursday, the s&p 500 and the dowjones industrial average had record closes. not so for the nasdaq composite but it is inching closer. to the uk now — because there could be some relief on the way for households in the form of cheaper energy bills. in the next hour or so, energy regulator ofgem will announce the new price cap from april, which sets the maximum price suppliers can charge house
double�*s ceo jensen huang says ai has hit a tipping point.s a tipping point of another variety. thursday's spike sent his personal wealth up spike sent his personal wealth up by spike sent his personal wealth up by an estimated $8.5 billion, which puts him on the verge of cracking into the world's top 20 wealthiest people. see, nvidia manufactures the chips used to power the ai technology that is the subject of so much examine right now. it is one of the magnificent seven tech stocks that...
0
0.0
Feb 27, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jensen huang, the ceo made it a very big point at nvidia.he verticals that can be changed because of this helped with vertical change for a lot of the younger companies and none of the older companies. what he's saying is you have to look at everything and figure out what would it matter if it ran much faster? what would it matter if it burned less? almost everyone will conclude, well, it's better. then you look at the price tag. it's very expensive because there's not enough -- it's very few versus how many are needed of the h100. we'll have the h2o 0 soon. >> why didn't you like the journal article, the article today you're talking about? >> look, i don't know jensen well. i know him to have dinner with him. >> you know him better than many of us. >> i know him to admire him greatly, and to mention that he now has a lyft, someone drives him. if mark zuckerberg is your biggest customer, are you going to say, listen, mark, i'm sorry, i don't talk to you. he does it because he's a cordial man and a kind man. i feel it made it sound like he's
jensen huang, the ceo made it a very big point at nvidia.he verticals that can be changed because of this helped with vertical change for a lot of the younger companies and none of the older companies. what he's saying is you have to look at everything and figure out what would it matter if it ran much faster? what would it matter if it burned less? almost everyone will conclude, well, it's better. then you look at the price tag. it's very expensive because there's not enough -- it's very few...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
great to see you >> thank you >> be sure to catch the interview with jensen huang on "closing bell. exclusive on cnbc. >>> a news letter for you now. a cellular outage across the u.s. customers for at&t, verizon, t-mobile and other networks lost service. a number of cities are um pact impacted z cell service down for most of the providers. >>> moving on to carvana fourth quarter results after the closing bell today the company has bounced back from fears of a mountain of debt shares are soaring more than 1,000% in 2023 as carvana restructured the company's analysts have one with a buy rating and that is nicholas jones from jnp. he joins us now. also with us is brad ericson gentlemen, great to have you here >> thanks, frank >> nicholas, i have to start with you $60 price target what are you seeing that everybody else has not seen? >> you know, i like carvana's management team getting out of debt they have a mountain of debt, but they bought time they are some that have benefitted from the pandemic and grow at all costs and turn it around the manage many team is doing a great job exec
great to see you >> thank you >> be sure to catch the interview with jensen huang on "closing bell. exclusive on cnbc. >>> a news letter for you now. a cellular outage across the u.s. customers for at&t, verizon, t-mobile and other networks lost service. a number of cities are um pact impacted z cell service down for most of the providers. >>> moving on to carvana fourth quarter results after the closing bell today the company has bounced back from fears...
0
0.0
Feb 12, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
talk to a doctor about nurtec odt. >>> nvidia's jensen huang speaking on a.i.verseas at the world government summit in dubai, stressing the need for every country to have its own a.i. infrastructure and countering sam altman's $7 trillion fund-raising goal for the fast-growing technology. >> while we're replacing the install base of general purpose computing, remember that the performance of the architecture is going to be improving at the same time, so you can't assume just that you will buy more computers. you have to also assume that the computers are going to become faster, and therefore, the total amount that you need is not going to be as much. otherwise, the mathematics, if we just assume that computers never get any faster, you might come to the conclusion, we need 14 different planets and 3 different galaxies and, you know, 4 more suns to fuel all this. but obviously, computer architecture continues to advance. >> he's really been on this theme of sovereign a.i., jim, the last few weeks. >> i think there is something to be said that you don't want your
talk to a doctor about nurtec odt. >>> nvidia's jensen huang speaking on a.i.verseas at the world government summit in dubai, stressing the need for every country to have its own a.i. infrastructure and countering sam altman's $7 trillion fund-raising goal for the fast-growing technology. >> while we're replacing the install base of general purpose computing, remember that the performance of the architecture is going to be improving at the same time, so you can't assume just that...
0
0.0
Feb 22, 2024
02/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
that was the message in recent hours from jensen huang, the boss of nvidia. it dominates the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in china which is now threatened by us export curbs. but are we watching a bubble develop? here's one industry perspective from malcolm penn, who is a consultant to the semiconductor and electronics industry. it is the fundamental question, at the end of the day. are we reliving the dotcom crisis of the 2000s when everybody thought networking and the internet was going to change the way the world did? now, it did change the way we work and everything else, but not quite in the way that was envisaged back in the late 1990s and early 2000s. so clearly there's a lot of hype and hyperbole about al, but nobody really understands what ai is going to do... we think we know what it's going to do for us, but we don't know how we're going to use it or how it's going
that was the message in recent hours from jensen huang, the boss of nvidia. it dominates the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in china which is now threatened by us export curbs. but are we watching a bubble develop? here's one industry perspective from malcolm penn, who is a consultant to the semiconductor and...
0
0.0
Feb 15, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i go by three quarters ago jensen huang said the data center rebuild from cpu to gpu will be a trillion dollars over ten years. to me what's concerning outside nvidia and smci that see the revenues and earnings beat to your point, josh, everyone is pulling forward ten years of future potential earnings and revenue growth into stock appreciation in 2023 and 2024 because the market never changes. it's the same thing. we will turn rational optimism into a rational exuberance. we do it every single time. >> nvidia shares down almost 1%. speaking of mega cap tech, i think we have to talk about apple. everybody on the desk owns it. what is going on? a lot of news about berkshire hathaway trimming their position n. fairness, it's only 1%. jason, what do you think is going on? >> one, their report wasn't bad. we've been looking at a couple quarters, reducing revenue growth. revenue growth was up about 2%. also services -- services growth is in low double digits but was decent. china -- china struggled, it was down 13%. it's a mature company. and we talk about this sometimes when apple becomes a
i go by three quarters ago jensen huang said the data center rebuild from cpu to gpu will be a trillion dollars over ten years. to me what's concerning outside nvidia and smci that see the revenues and earnings beat to your point, josh, everyone is pulling forward ten years of future potential earnings and revenue growth into stock appreciation in 2023 and 2024 because the market never changes. it's the same thing. we will turn rational optimism into a rational exuberance. we do it every single...
0
0.0
Feb 20, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
huang do? >> we created nearly impossible expectations for nvidia. at a certain point the comps are going to get more difficult as you move through 2024, and that's the reason why i've said, look, if you're not in nvidia, you have to have a wait-and-see approach. even if the stock gets away from you and goes higher. i think it will go higher in a parabolic sense. you'll get an opportunity at some point in the future when the comps get more difficult. >> you're bleeding about $44, sarat. i will get to josh in a minute. i'm saving it up on purpose. but, sarat, you own this name, too. >> i do. >> and what do you think is truly riding on this report tomorrow? >> so i think a couple of things. expectations to joe's point are huge. it's $20 billion is the estimate, $22 billion is the whisper. it's probably closer to $22 billion north. what is the total addressable market? what other markets are they looking at, and what are they going to talk about double ordering? that is the key that all investors,
huang do? >> we created nearly impossible expectations for nvidia. at a certain point the comps are going to get more difficult as you move through 2024, and that's the reason why i've said, look, if you're not in nvidia, you have to have a wait-and-see approach. even if the stock gets away from you and goes higher. i think it will go higher in a parabolic sense. you'll get an opportunity at some point in the future when the comps get more difficult. >> you're bleeding about $44,...
0
0.0
Feb 8, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> that's why jensen huang wanted to buy nvidia for 50 -- for $40 billion, and this is one where theyot it -- the antitr people turn around it down. i can argue that everything would have been cheaper if they let it, but i get this. >> it was the eu. >> yeah. but this company is on fire, and it does have cell phone. cell phone is good for them, which is google. auto is good for them. china. they are wherever anything is hot, and be careful about ruling them out of pc. and david, i'm going to go one step further, and you can just eviscerate me on this like you did with disney. >> yeah. >> i think, for who the bell tolls, intel. they want intel's business. they want to eviscerate intel, just like you want to eviscerate me. >> i won't on that one. >> i'm telling you, with great -- when we talk to rene haas, he will say there isn't anything that he can't be in and be better. anything intel can be in, he can be better. >> are they going to try and start making their own chips too? >> they don't have to. they're just intellectual property, dave. i dave'ed you. i had to. i feel bad about wha
>> that's why jensen huang wanted to buy nvidia for 50 -- for $40 billion, and this is one where theyot it -- the antitr people turn around it down. i can argue that everything would have been cheaper if they let it, but i get this. >> it was the eu. >> yeah. but this company is on fire, and it does have cell phone. cell phone is good for them, which is google. auto is good for them. china. they are wherever anything is hot, and be careful about ruling them out of pc. and...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
huang, accelerated computing and generative ai have hit the tipping point, he said you said this was the whole ball game going in. >> i really felt that way. look, it's not important whether you bought nvidia or sold nvidia or anything in between what really matters is you acted emotionally. as we could all attest, that's what you'll want to do here is follow your heart. most people went into this report, myself included, saying, there has to be some incredible quarter. there's just no way this stock can continue to levitate higher if they don't knock it out, and that's really what they did. i don't think anyone is really arguing with that. i saw the sell side research, judge. i saw a couple firms say, okay, everything is great, but it's reflected. i didn't really see anybody saying they're worried about next quarter or end of year number and so in the absence of that, it's more buyers than sellers, the story is as old as time. here is the most interesting thing. people say, well, how can you justify buying it right now? well, if you could buy it last year, you could buy it right now
huang, accelerated computing and generative ai have hit the tipping point, he said you said this was the whole ball game going in. >> i really felt that way. look, it's not important whether you bought nvidia or sold nvidia or anything in between what really matters is you acted emotionally. as we could all attest, that's what you'll want to do here is follow your heart. most people went into this report, myself included, saying, there has to be some incredible quarter. there's just no...
0
0.0
Feb 22, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
or, as jensen huang says, a fundamentally the conditions are excellent for continued growth in calendar 20 to 40 count of 2025 and beyond. the demand sustainability theme was driven by the 409% year on year jump on data so to revenue. customers moving beyond just crowd service to others to include health care finance firms management also seeing the new line of chip products under a supply constraint. that means to me and hold out of it longer into 2025. although china sales did drop significantly because of u.s. export controls, nvidia is still sending these work around ships, let's call them that, which could mean even more growth in china once nvidia actually gets u.s. licenses to export to china. they are still waiting on that lastly nvidia said inference now contributes 40% data center sales. the company is not of dominating the large part of the training language model but also the queries for the language data, putting the large data to work. that is the inference part. all of these catalyst you are seeing under screen actually points to demonstrably, the feet. nvidia does not ac
or, as jensen huang says, a fundamentally the conditions are excellent for continued growth in calendar 20 to 40 count of 2025 and beyond. the demand sustainability theme was driven by the 409% year on year jump on data so to revenue. customers moving beyond just crowd service to others to include health care finance firms management also seeing the new line of chip products under a supply constraint. that means to me and hold out of it longer into 2025. although china sales did drop...
0
0.0
Feb 21, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the question is, did jensen huang telegraph the market when he talked about capacity being tight, that the biggest issue he had was getting capacity from taiwan semi, which i own if it's demand outstripping supply, it's different than double ordering. to others in the group such as meta and microsoft, i don't think it does anything you have to believe the ai evolution is going to die right here and now, and that's just not the case it's a very high bar for nvidia. if they meet the number and come long with the appropriate dialogue during the conference call, we'll be okay. it will knee jerk down but it will not be disaster it doesn't really inform what the fundamentals are for the other stocks only for what nvidia is. >> it represents the mania, around the ai hype it may have no fundamental impact on the other names you mentioned, it still trades part of that group. >> absolutely. >> an impact on the near term direction of those stocks if it just forces people to rethink the velocity in which the stocks have gone up versus in the here and now. >> exactly if nvidia misses, everything is
the question is, did jensen huang telegraph the market when he talked about capacity being tight, that the biggest issue he had was getting capacity from taiwan semi, which i own if it's demand outstripping supply, it's different than double ordering. to others in the group such as meta and microsoft, i don't think it does anything you have to believe the ai evolution is going to die right here and now, and that's just not the case it's a very high bar for nvidia. if they meet the number and...
0
0.0
Feb 29, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
he loves the ai thesis next week hp, the old hewlett-packard, will have nvidia's jensen huang on stage about the new artificial intelligence pc that hp's been talking about endlessly and i've been talking to you about at last this is going to be a seminal thing. you'll be talking to your pc all day instead of doing work. then to make things really interesting best buy, the electronics chain, offers a fairly tepid view of things but says there are two standouts to watch. a samsung phone that is full of ai that is selling well. and meta's ray-bans. the ones i keep telling you about are selling just like hotcakes they take pictures, they take calls, they take messages, and by the way, they look like regular ray banz, not like you're an idiot walking around town all these tidbits combine to send up some of the now magnificent seven, ragtag seven meta, alphabet, amazon and of course nvidia, which is a given the redoubtable chance in vegas next week. there are a lot of people worried about the decline in the stock of apple i see it just as a lull, a lull that will refresh. i'm not changing m
he loves the ai thesis next week hp, the old hewlett-packard, will have nvidia's jensen huang on stage about the new artificial intelligence pc that hp's been talking about endlessly and i've been talking to you about at last this is going to be a seminal thing. you'll be talking to your pc all day instead of doing work. then to make things really interesting best buy, the electronics chain, offers a fairly tepid view of things but says there are two standouts to watch. a samsung phone that is...
0
0.0
Feb 9, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
something that ceo jensen huang mentioned in his keynote back in 2002, but it was largely overlooked,included, because we were all more focused on nvidia's a.i. chips, right? it's all about those gpus. but today reporters reporting nvidia is actually meeting with amazon, meta, google, and openai to discuss building their own custom chips, and they're also in talks, nvidia is in talks to work with a while this trip with ericsson. they wouldn't confirm any of these conversations, but it's still enough to create a reaction in all of these stocks. a lot of these companies like ericsson or negatively impact a company like marvel, because marvel does make custom chips, sodas broadcom. and so for those that are, like oh my gosh, the conversation about ship stuff, think about it performing very specific tasks. there let cheaper than gpus, which gpus can handle a wide range of tax like graphics, wintering, machine learning, et cetera. and to bring it full circle, it requires a lot more power in the chip world. they use the term power gate, and this is gonna be a huge topic in the years to come
something that ceo jensen huang mentioned in his keynote back in 2002, but it was largely overlooked,included, because we were all more focused on nvidia's a.i. chips, right? it's all about those gpus. but today reporters reporting nvidia is actually meeting with amazon, meta, google, and openai to discuss building their own custom chips, and they're also in talks, nvidia is in talks to work with a while this trip with ericsson. they wouldn't confirm any of these conversations, but it's still...
0
0.0
Feb 9, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> jensen huang, he comes in peace to all potential customers, and i think that, remember, he has theest relationship with taiwan semi. they'll get that done. jensen -- you can't get in the way of jensen right now. let this thing go higher. let it go higher. when you talk to -- like, i'm on a conference call with the fellow who runs ge health care, and what does he want to talk about? a.i. and is there a.i.? yes. >> i mean, i think some would argue that the two most incredible charts of the week are tsm and arm. >> tsm broke out so big. arm, i would a nice talk -- i happen to like rene. >> you seem to think it wasn't a short squeeze yesterday, but everybody else thinks it was. softbank controls most of the shares. they're not a seller at this point. i think the lock-up is soon. >> mid-march. march 13th. >> why would you think it was not, in part, a short squeeze? a 60% move. come on. >> you clearly did not watch my show from last night. >> i did not watch your show. >> where i talked about how you have to take some profits because when the lock-up expires, the stock is going to go dow
>> jensen huang, he comes in peace to all potential customers, and i think that, remember, he has theest relationship with taiwan semi. they'll get that done. jensen -- you can't get in the way of jensen right now. let this thing go higher. let it go higher. when you talk to -- like, i'm on a conference call with the fellow who runs ge health care, and what does he want to talk about? a.i. and is there a.i.? yes. >> i mean, i think some would argue that the two most incredible...
0
0.0
Feb 26, 2024
02/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
jensen huang is the ceo.was a spinoff from a company called silicon graphics which was dominant at one point the leader fell on hard times. it had a 20 year journey of, i would say, real struggle. it was a continuous fight to stay in business and to grow. and they really caught on in the last 10 years and their technology roadmap turned out to be incredibly prissy and good they cut the 3d graphics wave, the blockchain wave and now the ai wave. that company just past a 2 $2 trillion market cap. that company now has a larger market cap of the entire public stock market of germany. one company. we have apple, i forget the exact comparison, one is bigger than the market cap of germany, another is bigger than the market cap of friends -- it is really remarkable there were these companies run. america is like putting these -- there's basically two companies building companies of this scale. it is basically us in china. europe, 30 years ago, there was a pretty good percentage of them. in the top 50, now it is down t
jensen huang is the ceo.was a spinoff from a company called silicon graphics which was dominant at one point the leader fell on hard times. it had a 20 year journey of, i would say, real struggle. it was a continuous fight to stay in business and to grow. and they really caught on in the last 10 years and their technology roadmap turned out to be incredibly prissy and good they cut the 3d graphics wave, the blockchain wave and now the ai wave. that company just past a 2 $2 trillion market cap....
0
0.0
Feb 14, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jensen huang, does he have to do $2 billion? think nvidia is going to have a very big long-term run. i just think it's possible that you could have an nvidia that was, like, the july to december nvidia of last year when we forget, where i would get stopped on the street and say, thanks for nothing, nvidia. >> right. >> why did you name your dog nvidia? i said, i named my dog nvidia when the stock was $50. when he had the piece of steak in my hands, that thing just jumped when i said nvidia. >> is it your sense that expectations just continue to ratchet up for nvidia, making it very difficult for hit to hit a enough bar? >> i think when you look at what mark zuckerberg is doing, buying all the nvidia he can get -- everyone's buying all the nvidia they can get, but here's the issue. maybe he can't make as many h-200s as you want to. and if you can't, then maybe they can't sell them. i don't know. i think that -- >> really? you don't think they can sell them? >> i'm saying you can't sell something you don't have. look, maybe these
jensen huang, does he have to do $2 billion? think nvidia is going to have a very big long-term run. i just think it's possible that you could have an nvidia that was, like, the july to december nvidia of last year when we forget, where i would get stopped on the street and say, thanks for nothing, nvidia. >> right. >> why did you name your dog nvidia? i said, i named my dog nvidia when the stock was $50. when he had the piece of steak in my hands, that thing just jumped when i said...
0
0.0
Feb 26, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >> i would tell you, jensen huang would say, look, these people are really good.hey've got more time to do what matters and less time to do what's proofing. look, i did not go over the commercial real estate of huntington bank shares because i had it from copilot, which i regard as being a very good product. >> is that work that a producer would have done for you prior? >> no, i don't do that. i look at it. i have a memo. i look -- i do the work. >> it's not replacing jobs is carl's question. >> no, but we're better. i have ben look at it, and i will look at it, and i don't want to ask mr. steinhart stuff that i don't know. ceos won't come back on if you waste their time. >> i need to, when the computer can -- when i can just talk to it real quickly -- >> that's going to happen. jensen will tell you there's just a lot of people who talk to the computer. that's the large language model. remember, we had mcdonald's. >> they texted you during the show on friday. >> they've got -- they're doing 100 mcdonald's, testing where it's you're speaking to a.i. that speaks in
. >> i would tell you, jensen huang would say, look, these people are really good.hey've got more time to do what matters and less time to do what's proofing. look, i did not go over the commercial real estate of huntington bank shares because i had it from copilot, which i regard as being a very good product. >> is that work that a producer would have done for you prior? >> no, i don't do that. i look at it. i have a memo. i look -- i do the work. >> it's not replacing...
0
0.0
Feb 2, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
huang, the ceo, was saying, listen, i have a great relationship with mark that's a dynamite relationship> some of the doubters, even at this preopen, are saying no more family maus. what does that tell you? >> how about the fact that it's just because it's a dominant company? by the way, whatsapp, for the first time, we're hearing about whatsapp taking over this country, a secure business >> i've really come around to thinking that we operate better as a leaner company. >> isn't that great? >> yeah, that's zuckerberg from the call that got a lot of people's attention. >> head count down 22. that's incredible. >> they're basically down to where they were in 2021. >> they could fire everyone except for him and make the numbers. by the way, reels is going to crush tiktok you heard it from me first do you know that he bought all this power because he doesn't even know what to do with it yet. he just knows he's going to have to need it >> that gets back to your point, why you've been bullish on nvidia fso long and amd. a.i. capex at all these companies, but amazon as well, here at meta, it's
huang, the ceo, was saying, listen, i have a great relationship with mark that's a dynamite relationship> some of the doubters, even at this preopen, are saying no more family maus. what does that tell you? >> how about the fact that it's just because it's a dominant company? by the way, whatsapp, for the first time, we're hearing about whatsapp taking over this country, a secure business >> i've really come around to thinking that we operate better as a leaner company. >>...
0
0.0
Feb 5, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
if you look at nvidia's jensen huang he continues his rise, up $14 billion this year.$60 billion. another one with a good day on friday that was jeff bezos. he added $12 billion to his wealth from the amazon stock rise and disclosed plans to sell as many as 50 million shares over the next 12 months. at today's price that would net him about $8.6 billion if he sells all those shares and since he moved to miami he won't have to pay state taxes on that gain. he saved over $600 million in taxes by leaving seattle. bezos within striking distance of becoming the richest man again. he's only $8 billion behind musk so if amazon shares increase another 4.5% he will top musk for the first time in four years. speaking of elon musk, he is still the world's richest man, but he's also the biggest loser this year in dollar terms. he's down $24 billion not to mention what will happen with that big pay package. elon generating a bit more drama than generating wealth, guys? >> robert, you know, i know you're right up to the minute, but i don't know if you've accounted for the 6.4% decli
if you look at nvidia's jensen huang he continues his rise, up $14 billion this year.$60 billion. another one with a good day on friday that was jeff bezos. he added $12 billion to his wealth from the amazon stock rise and disclosed plans to sell as many as 50 million shares over the next 12 months. at today's price that would net him about $8.6 billion if he sells all those shares and since he moved to miami he won't have to pay state taxes on that gain. he saved over $600 million in taxes by...
0
0.0
Feb 23, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
this conference call -- toaylor swift, not mentioned jensen huang, not mentioned. thought he -- when i was finished with it, i was ready to talk to my kids, and as cool as i -- this is it. this thing could make zuckerberg -- zuckerberg's cool in that video. i absolutely love the livenation call, because he basically says, one. amphitheaters. >> arenas and amphitheaters. revenue up 36. that's a blowout concerts up 34 >> take a look at that cpi what did they say was the hottest thing? ticket it's going up. this says it's going up, and i just say, oh god, jay, i'm sorry. i'm sorry, jay it's amphitheaters >> you don't blame waller yesterday for saying, i need more to know whether january was a speed bump or a pothole? >> okay, i think that waller was -- these guys are not eating crow that's a -- i don't want to make fun of these guys. these guys are very serious, but if they do look at bookings -- look, bookings is down because they had israel year over year, and israel is out. not out -- just they're not a lot of business. i don't mean anything more than that when you
this conference call -- toaylor swift, not mentioned jensen huang, not mentioned. thought he -- when i was finished with it, i was ready to talk to my kids, and as cool as i -- this is it. this thing could make zuckerberg -- zuckerberg's cool in that video. i absolutely love the livenation call, because he basically says, one. amphitheaters. >> arenas and amphitheaters. revenue up 36. that's a blowout concerts up 34 >> take a look at that cpi what did they say was the hottest thing?...
0
0.0
Feb 29, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> jensen huang, he's biased, but he talks about a.i. being bigger than the internet.et. you had aol, 1991 and netscape in 1994, right? if you compare how the nasdaq performed following the launch of both of those, netscape made the internet navigable and aol brought it into our houses. in those two other periods if you go a comparable amount of time, over a year, you saw similar rallies in the nasdaq on that. so, there was plenty of volatility in the nasdaq going forward in those periods, but the path was higher. i think, you know, to say that we're necessarily in the late stages of this rally, i would, you know, just look back at the '90s and say, maybe we're not. >> '91 or -- >> '94. december '94 was netscape. >> party like it is 1999. besides nvidia, are you putting these into your portfolio as well? what are you putting in? >> the two sectors, technology is one sector that is going to benefit, you also have to focus on the consumer discretionary sector, the companies with the most contact with consumers, you saw service now and their last earnings report talking a
>> jensen huang, he's biased, but he talks about a.i. being bigger than the internet.et. you had aol, 1991 and netscape in 1994, right? if you compare how the nasdaq performed following the launch of both of those, netscape made the internet navigable and aol brought it into our houses. in those two other periods if you go a comparable amount of time, over a year, you saw similar rallies in the nasdaq on that. so, there was plenty of volatility in the nasdaq going forward in those...
0
0.0
Feb 20, 2024
02/24
by
CNBC
tv
eye 0
favorite 0
quote 0
what does huang have to say? we don't get china in 2016, we may not do as well, 2026. i think people are going to say, uh-oh, jensen is worried. that's been his line. saying it over and over again. people that have missed the last 27 speeches he gives may not know he's worried about china. some might say, uh-oh, jensen is worried about china. >> if you look at the stock price, you don't think he's necessarily worried about anything. let's do the deal. cap one buying discover. you like this deal? >> i love this deal. first of all, i think fair bank is a genius. i once bet against him, the ceo of capitol one. i was in the doctor's office. i don't know how he got my cell phone. he said why don't you delay the procedure, i'll give you how capital one works. this has been an unbelievable stock. they know how to lend. you know who doesn't know how to lend? discover. they say great synergy, that's why master card and visa getting hurt. what i like about this deal more than anything else in the world, if they can get awa
what does huang have to say? we don't get china in 2016, we may not do as well, 2026. i think people are going to say, uh-oh, jensen is worried. that's been his line. saying it over and over again. people that have missed the last 27 speeches he gives may not know he's worried about china. some might say, uh-oh, jensen is worried about china. >> if you look at the stock price, you don't think he's necessarily worried about anything. let's do the deal. cap one buying discover. you like...