On Wednesday, the stock price of NVIDIA, an AI seller, hit a new historical high, with a year-on-year increase of over 130% and a market value of $2.82 trillion, just one step away from Apple's $2.92 trillion market value.
With Nvidia soaring, many investors who are heavily invested in it have gained a lot. According to third-party channels, the representative product of Dongfang Port under Danbin's brand, Li De Hanjing, saw a significant increase of 5.12% in net worth last week, reaching a new historical high with a profit of over 30% for the year.
However, more investors missed Nvidia's feast. Including the well-known "Wooden Sister" Casewood, its flagship ETF fund has experienced a 16% drop in performance this year against the backdrop of Nasdaq's record high; In addition, other fund managers within Dongfang Port also missed Nvidia, leading to internal product performance differentiation. According to Dan Bin, "From beginning to end, I was the only one among the eight fund managers at Dongfang Port who heavily invested in NVIDIA!"
However, Nvidia's bullish sentiment has become increasingly aggressive. On May 28th, Nvidia's call options surged 20 times; Double long NVIDIA's leveraged ETF has surged 450% in a year, reaching a new high of $4.7 billion in trading volume last week.
It is worth mentioning that the bullish sentiment on Wall Street is high, with some analysts even shouting that Nvidia's market value will reach $10 trillion in the future.
On May 29, Romer, the Nobel laureate in economics and former chief economist of the World Bank, suddenly warned that out of control confidence in artificial intelligence (AI) might repeat the mistake of foam hyped by cryptocurrency two years ago.
NVIDIA soars, but Danbin's product net worth reaches a new high
With the rapid development of population intelligence, as an AI seller, Nvidia has become the biggest beneficiary of the AI era, with its stock price soaring to the top, even earning it the title of "the most important stock on Earth" by Goldman Sachs.
On May 28th local time, Nvidia's stock price surged by 7% to $1139 per share, and its market value surged overnight by $182.8 billion (approximately RMB 1324.4 billion), reaching a new historical high; On Wednesday, Nvidia hit a historic high again, with its highest intraday stock price reaching $1154.92 and closing up 0.81%. Its market value reached $2.82 trillion, just one step away from Apple's $2.92 trillion.
With Nvidia soaring, many private equity firms and investors who buy index funds have gained a lot. According to data from Private Equity Ranking Network, the representative product of Danbin's Dongfang Port, Li De Hanjing, saw a significant increase of 5.12% in net worth last week, reaching a new historical high with a profit of over 30% for the year; Last week, the global net worth of Dongfang Marathon surged by 6.32%, with a year-on-year return of 36% and a historic high in net worth.
A large number of investors have gained significant gains from Nvidia by purchasing index funds. It is understood that 9.4% of the iShares Russell 1000 ETF fund's investment portfolio is invested in Nvidia. In the past month, its return rate has reached 5.5%, while the SPDR S&P 500 index's return rate is 4.2%.
However, more investors missed Nvidia's feast. For example, "Wooden Sister" Casewood, shortly after investing in OpenAI, Ark has recently invested in xAI founded by Musk. In recent years, Casewood has bet on a bunch of artificial intelligence startups but missed Nvidia.
Against the backdrop of a new high on NASDAQ, the flagship ETF fund under "Mu Mu Jie" has seen a significant drop of 16% in performance this year. The asset size has decreased from a peak of $28 billion to $7 billion.
Not only "Mu Jie", but also other fund managers within Dongfang Harbor missed Nvidia. Some investors have expressed that why can other fund managers manage funds that can also invest in US stocks, while Nvidia is reaching new highs, the net asset value of the fund is quickly reaching a historic low?
According to Dan Bin, "There are different choices for the direction of artificial intelligence within Dongfang Port. The difference between" stubbornness "and" paranoia "is just a matter of time. From beginning to end, I was the only one among the eight fund managers at Dongfang Port who heavily invested in NVIDIA!"
Danbin also sighed, "Why do the vast majority of people miss an era? Even if the thunder of the era is deafening, what is the whole world like inside Dongfang Port? Performance is a manifestation of cognition, and the difference in cognition is the difference in performance. Investment is really a" magical and wonderful "thing, and what you think should be" is actually a "huge difference". "
$10 trillion? High bullish sentiment on Wall Street
Since the beginning of this year, NVIDIA's valuation foam has become the focus of market debate. However, Nvidia's unexpected fourth quarter and first quarter 2024 results have caused bearish sentiment, and its stock price continues to rise, sparking a wave of investment frenzy.
On May 28th, Nvidia's call options were briefly hyped up. On May 31st, the call option with an exercise price of $1240 skyrocketed by 4045%, but the closing increase remained as high as 2045.45%.
In addition, the leveraged ETFs that long NVIDIA have experienced unprecedented prosperity. Granite Shares Fund has provided investors with twice the chance to long Nvidia ETFs, with a staggering 450% increase over the past year. Last week, trading volume reached a new high of $4.7 billion. The current scale has reached 2.8 billion US dollars, indicating a strong bullish signal in the market towards Nvidia.
Not only that, some analysts even shout that Nvidia's market value will reach $10 trillion in the future.
I/O Fund technology industry analyst Beth Jinding has long been optimistic about Nvidia. In her report, she wrote that by 2027, the total potential market size of the global artificial intelligence data center market will reach $400 billion, and by 2030 it will reach $1 trillion, with Nvidia expected to dominate the AI chip market.
She predicts that Nvidia's stock price will soar 258% from its current level by 2030, with a market value of $10 trillion, thanks to its indestructible moat.
According to Futu Data, Wall Street investment institutions are generally optimistic about the future stock price trend of Nvidia. The 43 analysts participating in the rating have recently raised Nvidia's target price, with the main logic being that the Blackwell architecture GPU is expected to bring a larger revenue scale.
However, there are also many people reminding Nvidia of the risks. On May 29, Romer, the Nobel laureate in economics and former chief economist of the World Bank, suddenly warned that out of control confidence in artificial intelligence (AI) might repeat the mistake of foam hyped by cryptocurrency two years ago.
Previously, Howard Marks, co-founder of Oak Capital, stated that artificial intelligence may ultimately change the world, but this alone cannot determine the success of related assets. "Every foam starts with a common belief. Everyone believes in AI, and they offer high prices for AI's beneficiary targets. Facts have proved that this is a bit excessive."