I'm an individual investor heavily influenced by Warren Buffett and Charlie Munger. Munger's 1994 USC Business School Speech is something I think about a lot: ### Over the long term, it's hard for a stock to earn a much better return than the business which underlies it earns. If the business earns 6% on capital over 40 years and you hold it for that 40 years, you're not going to make much different than a 6% return—even if you originally buy it at a huge discount. Conversely, if a business earns 18% on cap ...

Market Performance and Valuation - Nvidia gained $2 trillion in market capitalization in 2024, making it one of the world's most valuable companies [1][3] - The S&P 500 rose by 23% and the Nasdaq Composite gained 29% in 2024, driven by AI tailwinds [1] - Nvidia's P/E and P/FCF ratios are lower than a year ago, suggesting the stock's valuation is reasonable despite its price rise [8] - Nvidia's PEG ratio of 1 indicates the stock is fairly valued [9] Industry Leadership and Competitive Advantage - Nvidia has emerged as the leader in AI, primarily due to its dominance in GPU technology, capturing an estimated 90% of the GPU market [4] - The company's deep roster of GPUs has helped it outperform competitors like Advanced Micro Devices [4] - Nvidia's next-generation GPU architecture, Blackwell, is already sold out for the next 12 months [5] Growth Catalysts and Strategic Investments - Broader investments in AI infrastructure are expected to exceed $1 trillion in the coming years, benefiting Nvidia [6] - Nvidia is leveraging rising capital expenditure through investments in European GPU cluster specialist Nebius and the acquisition of AI infrastructure business Run:ai for $700 million [6] - The company's consistent revenue and profit growth have enabled it to double down on R&D and innovate new products [5] Future Outlook - Nvidia is positioned to potentially become the first company to enter the $4 trillion market cap club in 2025 [10] - The company's earnings profile is expected to improve significantly as Blackwell and other investments begin to yield results [9]

全球人工智能（AI）竞赛正变得越来越激烈，各大巨头正加速押注初创企业。 据海外媒体报道，根据企业备案文件和Dealroom研究报告，英伟达在2024年的50轮初创企业融资以及几 笔企业交易中总共出资了10亿美元。相比2023年的39轮融资和8.72亿美元支出，2024年英伟达的投资有 显著增长。 "英伟达效应"明显 2024年，英伟达的投资包括对马斯克旗下的xAI的战略投资，以及对OpenAI、Cohere、Mistral和 Perplexity等知名AI模型提供商的投资。与此同时，英伟达的投资涉及医疗技术、搜索引擎、游戏、无 人机、芯片、物流、数据存储、人形机器人等多个AI应用领域。有业内人士表示，英伟达绝大多数的 交易都是与对算力有较高需求的AI公司达成，这些公司往往也是英伟达产品的买家，因此，英伟达在 未来可能从他们身上回收部分的投资，可谓"一举两得"。 此外，英伟达的初创企业孵化器Inception也帮助了数千家初创公司的早期发展。值得一提的是，在英伟 达投资的标的中，还包括一些市场上的明星企业并且估值在大幅飙升。一家由英伟达斥资支持的AI初 创公司CoreWeave正准备在2025年第三季度上市，估 ...

The start of a new year always brings with it a question: What will happen in the 12 months ahead? And that's what is on many investors' minds as we roll into 2025. It's useful to look at what's happened in recent months, as it may help set the tone for the new investing year.In 2023 and 2024, the stock market roared higher, and the momentum doesn't seem ready to stop. Just last January, the S&P 500 confirmed its presence in a bull market and went on to reach multiple record highs throughout the year. It fi ...

Nvidia Overview - Nvidia is a leader in GPU technology, accounting for 98% of data center GPU sales, primarily due to its CUDA software ecosystem [3] - Nvidia Isaac is a robotics development platform built on CUDA, supporting industrial manipulation arms, autonomous mobile robots, and humanoid robots [4] - Nvidia Jetson systems integrate GPUs, CPUs, memory, and storage, forming the final layer of the robotics computing stack [5] - Nvidia GPUs power most generative AI systems and are expected to be foundational for physical AI systems, which enable autonomous robots [6] - Wall Street expects Nvidia's adjusted earnings to grow by 52% annually through fiscal 2026, making its current valuation of 55 times adjusted earnings reasonable [7] Tesla Overview - Tesla is transitioning from being seen as an electric car company to an AI and robotics company, with its Full Self-Driving software and humanoid robot Optimus [8] - Elon Musk believes Optimus is the most advanced humanoid robot and could be more valuable than all other Tesla products combined, potentially driving Tesla's market value to $25 trillion [9] - Tesla plans to deploy several thousand Optimus robots in its factories this year and begin selling them to customers by 2026 [11] - Wall Street expects Tesla's adjusted earnings to grow at 27% annually through 2025, though its current valuation of 170 times adjusted earnings appears high [12] Market Projections and Analyst Views - Citigroup analysts estimate humanoid robot sales will reach $14 billion by 2030, $1.1 trillion by 2040, and $7 trillion by 2050 [1] - Equity analyst Beth Kindig predicts Nvidia could become a $10 trillion company by 2030, implying 185% upside from its current market value of $3.5 trillion [10] - Billionaire fund manager Ron Baron forecasts Tesla could reach a $5 trillion market value within a decade, implying 315% upside from its current $1.2 trillion valuation [10] Industry Trends - The next wave of AI, powered by physical AI, is expected to revolutionize industries through robotics [1] - Elon Musk predicts that by 2040, there could be more humanoid robots than humans [1]

Stock Performance - Nvidia stock price continues to rise before a crucial technology keynote [1] - Stock prices used were the after-market prices of Jan 2 2025 [1] Recent Updates - Recent updates affecting Nvidia are discussed in the video [1] - The video was published on Jan 2 2025 [1]

当地时间1月6日下午6点30分，黄仁勋将在现场发表主题演讲。 从时间上看，英特尔比AMD和英伟达都早，外媒认为，英特尔意在抢占先机，并为合作伙伴预留充足 时间展示新品。 美国银行分析师Vivek Arya预计，英伟达将在展会上正式宣布进军AI PC市场。 财联社1月4日电，2025年国际消费电子展（以下简称CES 2025）将于当地时间1月7日至10日在美国拉 斯维加斯拉开帷幕。 而在同一天的上午，英特尔和AMD也将相继举办新品发布会。 ...

Three companies currently boast a market cap over $3 trillion, and I think one of them will reach the $4 trillion mark sooner than later.Right now, there are only three companies in the world with a market cap of at least $3 trillion. These companies are Apple, Nvidia (NVDA 4.45%), and Microsoft -- each of which are playing a major role in the ongoing artificial intelligence (AI) saga.While Apple currently stands in the lead with a market cap around $3.8 trillion, I see Nvidia as the most likely among the t ...

Stock Performance - Nvidia stock has surged 200% over the last year [2] - The stock gained 4.5% in Friday's trading, outperforming the S&P 500 (1.2%) and Nasdaq Composite (1.7%) [1] Market Position - Nvidia holds at least 80% market share in the AI chip market, with some estimates exceeding 90% in key profitable segments [4] - The company's high-performance GPUs remain foundational hardware for advanced AI applications [3] Industry Dynamics - Microsoft plans to invest $80 billion in AI data centers in 2025, representing a 51% increase from 2024's $53 billion capex [5] - Nvidia is positioned as the primary beneficiary of Microsoft's AI infrastructure spending [5] Growth Prospects - Demand for AI infrastructure hardware continues to expand rapidly, supporting Nvidia's growth outlook [6] - Despite the stock's speculative nature due to its cyclical business and massive gains, long-term investment potential remains strong [6]

NVIDIA Corporation (NVDA) has delivered a jaw-dropping 171.2% gain in 2024, cementing its position as a trailblazer in the semiconductor industry. The stock has outperformed the Zacks Semiconductor – General industry and the Technology Select Sector SPDR Fund (XLK) ETF’s gains of 119.1% and 20.8%, respectively.2024 Price Return PerformanceImage Source: Zacks Investment ResearchNVIDIA also achieved a major milestone last year by joining the exclusive $3 trillion market capitalization club alongside Apple Inc ...