Is NVIDIA still undervalued? European asset management giants invest heavily to enter halfway through
年轻的黄小
发表于 昨天 10:45
1170
0
0
After a wave of consecutive gains, the "AI leader" NVIDIA has once again approached a historical high, causing investors and analysts to cheer.
On Wednesday Eastern Time, the stock saw a slight correction of 0.18%, closing at $132.65, still only one step away from the previous peak of $135.58 set in June.
However, even so, some analysts believe that the market still underestimates Nvidia.
Ian Simm, CEO and founder of UK asset management company Impax Asset Management, stated that considering the boom in artificial intelligence (AI) will drive demand for its chips, Impax still believes that Nvidia's valuation is undervalued.
Simm said that like other tech giants, Nvidia needs to consume a lot of energy to drive its growth, and from a climate perspective, holding Nvidia also makes sense. He said that as energy demand continues to grow, more efficient models developed by Nvidia and other companies will be more environmentally friendly.
Nvidia announced at an event earlier this month that its Blackwell chips will be launched to customers starting this year, requiring 3 gigawatts of power to develop OpenAI's GPT-4 software. The chip manufacturer stated that ten years ago, this process would require 5500 gigawatts of electricity.
NVIDIA's ability to save energy makes it more valuable, "Simm added.
Impax, headquartered in London, was founded in 1998 and has become a giant among asset management companies focused on transitioning towards a more sustainable economy. At present, this asset management company with an asset size of $50 billion holds NVIDIA in its portfolio of five strategies and funds. According to Simm, this includes its well-known product, the Global Opportunities portfolio.
It is reported that the investment portfolio only holds 40 stocks, including some companies with diversified business models, operating in high growth markets, and being unpopular for some reason.
He said that Nvidia was included because Impax believed that Nvidia was undervalued "in the long-term trend of continuous development of artificial intelligence".
Simm also stated that in fact, the entire industry now appears to be undervalued. He said that as the possibility of a soft landing for the US economy increases, this situation may change, which will help restore confidence. The cost of capital is decreasing and consumer confidence is stabilizing, so stocks' look more attractive '.
According to Impax data, as Nvidia's stock price fell in June, Impax's stake in Nvidia increased from 1.4 million shares at the end of the first quarter to 4.9 million shares at the end of September, more than doubling.
We just underestimated the market potential of their product, "Simm said in an interview." Impax has been looking for ways to enter the Nvidia market, but Nvidia is too expensive. Until there was a sell-off
Simm also stated that Impax is learning from the experience of the past few years and focusing more on large tech companies as it seeks undervalued opportunities to generate greater returns.
To be frank, our main strategy has not performed well in the past few years because we have been growing at reasonable prices and staying away from the momentum and hype of large tech stock investments, "he said.
In the past few years, the soaring interest rates, energy crisis, and the rise of the "tech giants" have turned green investment into a failed gamble. Since the beginning of this year, the stock price of Impax has fallen by nearly 30%, while the S&P Global Clean Energy Index has also fallen by over 10%. At the same time, the S&P 500 index rose by over 20% during the same period.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- What is the demand for Nvidia Blackwell? Foxconn and Supermicro are competing to sell
- US stock close: Nvidia leads new high charge, Chinese concept stocks fall slightly less than Hong Kong stocks
- Top 20 US stock transactions: Nvidia closes over 4% higher, its competitor postpones IPO
- Nvidia launches' AI Summit 'global tour in the US capital, with two stops to go to Asia
- OpenAI announces receipt of Nvidia's first batch of DGX B200 engineering machines
- OpenAI claims to have received the NVIDIA DGX B200 engineering machine
- AMD claims new GPU performance surpasses Nvidia H200, data center AI accelerator market will reach $500 billion
- Google Europe, Middle East, and Africa Regional Head Matt Brittin to Resign
- Huang Renxun is not soft hearted! NVIDIA RTX 50 Series Price First Revealed: 5090, Rapidly Rising
- AMD releases Nvidia competitor AI chip expected market size of $500 billion over four years
-
10月10日、中国証券報・中証牡牛座記者は、微信が淘宝リンクを開いて直接買い物をすることをサポートしていることを明らかにした。ユーザーは微信App内でタオバオのリンクを直接クリックし、注文と支払いを完了する ...
- copricus
- 昨天 14:08
- 支持
- 反对
- 回复
- 收藏
-
10月11日、テスラ「We,Robot(私たち、ロボット)」Robotaxi(無人タクシー)イベントで、テスラRobotaxiが正式に登場し、Cybercabと命名された。マースク氏によると、Robotaxiは個性的な公共交通であり、平均移動 ...
- dugk39529
- 3 小时前
- 支持
- 反对
- 回复
- 收藏
-
先月、FRBは50ベーシスポイントの「急進的な下落幅」で緩和サイクルを開いたが、最新の議事録は、FRB内部のこの決定に対する食い違いが大きいことを明らかにした。 議事録によると、ほとんどの参加者は連邦基金金利 ...
- 什么大师特
- 昨天 10:38
- 支持
- 反对
- 回复
- 收藏
-
【AMDが発表した英偉達競合品AIチップの予想市場規模は4年から5000億ドル】AIコンピューティングの分野で、英偉達の影の中で生きてきたAMDは木曜日に人工知能のテーマ発表会を開催し、MI 325 Xコンピューティングチ ...
- 什么大师特
- 4 小时前
- 支持
- 反对
- 回复
- 收藏