Top 10 AI News Everyone is Talking About

4. NVIDIA Corp (NASDAQ:NVDA)

Number of Hedge Fund Investors: 193

A few weeks ago, Jim Cramer was asked on CNBC about his thoughts on the launch of DeepSeek and its consequences on the broader chip demand. Cramer said he would prefer if Jensen Huang would “talk” more about the situation and provide details.

“Alex Karp… he just did an incredibly long interview with Sarah, and you could say that if he can speak at length about broader themes of Palantir, then Jensen should be able to do the same—especially in a situation where his stock has seen a material movement.”

Jensen Huang finally broke his silence about DeepSeek a few days back and said the market misunderstood the importance of the technology. He believes AI computing demand will remain strong because post-training remains the key to AI technology.

Infuse Asset Management stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q4 2024 investor letter:

“We do still own some NVIDIA Corporation (NASDAQ:NVDA) as the forward multiple isn’t egregious and it powers over 90% of AI workloads. This company is only becoming increasingly important though the hyperscalers are actively trying to save money through their own ASIC programs. The moat CUDA provides has been underestimated time and time again. While I don’t think Nvidia has quite the upside as some of the other companies in the portfolio, it has a product that the best companies in the world literally can’t get enough of.”