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| Name | Nvidia unveils AI GPU chip: 'There's a lot of good news about the stock,' analyst says |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 18-03-2024 22:56:05 |
| Video Discription | Nvidia CEO Jensen Huang (NVDA) unveiled a new AI GPU chip called "Blackwell", which is expected to ship out later this year. Huang also announced a new partnership with Synopsys (SNPS). The announcement was made during the annual Nvidia GTC event. Synovus Trust Senior Portfolio Manager Daniel Morgan joins Yahoo Finance to discuss the announcement, the conference, and how other AI chip makers are performing, giving insight into what investors should pay attention to. Morgan relays why he believes Nvidia and other AI stocks are not like the internet bubble from the past: "It doesn't feel anything like that today. You have companies that... obviously have very good earnings. They're doing very well. They have very established businesses. Lots of cash on the balance sheet. I don't feel we're in an AI-dot com bubble at this point. I think we're at the beginning of something big. There are going to be companies that are not going to benefit from it as much as everybody thinks they are. But I think Nvidia is one that is going to benefit and, obviously, that will show up in the stock price. " #nvidia #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance |
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