Nvidia CEO: China’s AI Is Already As Good As The US
Watch the Video Transcript: [00:00:04] Doug McIntyre: So yesterday, Jensen Wong, the CEO of Nvidia, the third most valuable company in the world, the stocks up I think 1800% in the last five years. He said something very, telling Chinese AI is basically as good as US AI, they’re, they’re comparable. Now what does that […] The post Nvidia CEO: China’s AI Is Already As Good As The US appeared first on 24/7 Wall St..
Key Points
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Nvidia (NASDAQ: NVDA) CEO Jensen Huang acknowledged that Chinese AI capabilities now rival those of the U.S., undermining assumptions of American technological lead in AI infrastructure.
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Huang’s statement also implies that powerful AI models can now run on lower-end chips, which may erode demand for Nvidia’s high-margin, high-performance GPUs—especially under U.S. export restrictions.
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Nvidia’s stock, up over 1800% in five years, could face valuation pressure if earnings growth slows amid intensifying global competition and reduced chip differentiation.
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Nvidia has turned out spectacular gains for early investors, but the good news is ‘The Next Nvidia’ stocks may be even better. See the three winners we think could go parabolic. Don’t worry, it’s free.
Watch the Video
Transcript:
[00:00:04] Doug McIntyre: So yesterday, Jensen Wong, the CEO of Nvidia, the third most valuable company in the world, the stocks up I think 1800% in the last five years. He said something very, telling Chinese AI is basically as good as US AI, they’re, they’re comparable. Now what does that mean? Well, number one, it means that we’ve kitted ourselves into the fact that we’ve got a year or two head start on ai.
[00:00:36] Doug McIntyre: And that means that the one area where. The US might continue to best. China has sort of gone away. The second thing is, is that the Chinese are using less powerful chips to have comparable AI software.
[00:00:51] Lee Jackson: Right?
[00:00:52] Doug McIntyre: That’s bad for him because he’s still Mark, he’s still convinced everybody that AI has to run on his super expensive, super powerful chips.
[00:01:04] Doug McIntyre: Although there could be a hidden agenda here, the Trump administration is saying you can’t sell your high-end chips into China because you’ll be helping them with ai. What he’s saying is they don’t need any help. They’re already there. True. Is what he said good for him, or is it bad for him?
[00:01:28] Lee Jackson: Well, you can, it’s very difficult to trust the Chinese on anything simply because.
[00:01:33] Lee Jackson: They obfuscate and lie and, pedal stuff and steal our AI and or, or steal our applications and things of that nature. So yeah, that’s gonna be interesting to see if, advanced AI, programs can run, effectively on chips made there. The thing that I think that’s the most interesting to everybody is that, the Nvidia run was, was typically one of your parabolic Wall Street, oh my God, moves, I mean, literally from when I first started covering that stock, it was probably 2014, maybe 10, 11 years ago. And it was basically the only lift they got is when they put a processor that helped gamers get better gaming graphics. And that was kind of the start. But I mean, the stock traded under $10 for years and just the parabolic move higher is you, you’re gonna hit, you’re gonna hit a wall at one point.
[00:02:31] Lee Jackson: there’s just no way to keep that absurd growth going. And if, if that’s the case, it could be, it could be not a kill shot for ’em, but it that could devastate some of their earnings potential
The post Nvidia CEO: China’s AI Is Already As Good As The US appeared first on 24/7 Wall St..
