‘We Underestimated’ Nvidia, Says $50 Billion Manager Impax

    https://finance.yahoo.com/news/nvidia-still-undervalued-says-50-190000884.html

    Posted by falcontitan

    8 Comments

    1. *Ian Simm, chief executive officer and founder of the $50 billion London-based asset manager, says he and his team had been looking for an opportunity to correct what they had come to realize was a wrong call a few years ago, which meant missing out on Nvidia’s stunning 800% rally since the beginning of 2023.*

      That’s Cathie Wood’s brother right there.

    2. The question you have to ask yourself is “Is there going to be *more* AI in the future? Or is there going to be *less*?”

      If your answer is “more AI”, then NVDA and TSMC still have room for growth.

      I’m on the “more AI” side. Look at [Meta’s Movie Gen](https://ai.meta.com/research/movie-gen/). Imagine creators being able to use AI to edit their videos, AI enhanced content, fully AI content. It’s just a research paper and PoC now, but to make this available to the general public will require a massive amount of compute and GPUs.

      Even if they make the algorithms more efficient and performance — having better, faster hardware only means you can deliver more content, faster.

      We’ll eventually see AI generated shows and films, AI replacing SFX studios, AI generated games, etc.

      It used to be that there were 3 broadcast channels and that’s all you watched. Then came cable and an expansion of content and topic areas — HGTV, Discovery, History Channel, Food Network, etc. Then platforms like YouTube, Netflix, and Twitch created even more “bandwidth” and verticalization of content.

      Gen AI will power a next phase of content creation and distribution that is personal and even more fine-grained. Advertisements that are even more targeted and personal. We are so far from the horizon that it would seem silly to bet against NVDA.

    3. At this point if I give 10k to a hedge fund and 10k to a fortune teller to tell me which stocks to buy and observe results after 3 months. I’m sure I’ll get similar results

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