Nvidia's run not done: Analysts

NVIDIA stocks rose a whopping 34% in one day (+$100) after their latest earnings call last week. ?? ?? “Generative AI and accelerated computing are transforming the world” says Nvidia founder and CEO Jensen Huang. During his keynote address kicking off COMPUTEX 2023, he introduced new generative AI to support game development, NVIDIA Avatar Cloud Engine (ACE) for Games. This custom AI model foundry service transforms games by bringing intelligence to non-playable characters through AI-powered natural language interactions. Developers of games can use this to build customized speech, conversation and animation AI models in their software and games. ?? AI continues to get deployed across industries at an expected annual growth rate of over 37% now through 2030, NVIDIA RTX GPU-powered PCs are enabling the transformative wave of generative AI for better everyday user experiences in saving time, creating content, getting work done, gaming and more. Be there or be square! ? ?? NVIDIA #ai #gaming #generativeai #bethereorbesquare #gamedevelopment #supplychain #omnichannelretail

Nvidia and other tech stocks have added billions of dollars in market value as the technology has boomed

I spoke to Edmond de Rothschild AM’s global CIO, Benjamin Melman, today about the AI frenzy in US tech stocks. Here’s what he had to say:

AI may wipe out humanity someday, but right now it is doing wonders for semis stocks.

Interesting article by Lisa Pham at Bloomberg. Noting the Swedbank Robur Technology funds performance and its status as an article 8 ESG fund. A good discussion touching on Nvidia, AI and sustainability challenges and opportunities. Also noting the funds great performance. (In English, might be a paywall, is available in Bloomberg terminals). Swedbank Robur Swedbank #activemanagement #esginvesting #ai Disclaimer// Riskinformation:?Historisk avkastning garanterar inte avkastning i framtiden. V?rdet p? fonder kan minska och ?ka och det ?r inte s?kert att du f?r tillbaka alla pengar du satt in. Fonder med riskklass 5-7 kan minska och ?ka kraftigt i v?rde. Faktablad, informationsbroschyr och information om dina r?ttigheter finns p? swedbankrobur.se. https://lnkd.in/dw2GFmN8