Short answer: Sam Nadler says Nvidia, the first company past $4 trillion, crossed $5 trillion after announcing a deal with Nokia, because demand for its chips is insatiable. Jordan Metzner calls Nvidia the number one shovel dealer of AI.
Watch this answer from Episode 19 (starts at 15:28) · Episode 19 notes and transcript
From Episode 19: Mirror, Mirror on the Wall… Who Built the Smartest AI of All?, starting at 15:28.
Sam Nadler [15:27]: Alright. Let's transition to news. I think both of these topics are and news as of today. And number one is NVIDIA continues to break records. It was, I believe, the first company to cross over 4,000,000,000,000 total valuation. As of this morning, crossed to 5,000,000,000,000, in valuation. And huge news yesterday, NVIDIA had, a big presentation. They announced this deal with Nokia. But, I think it while it's shocking, it all just continues to make sense. The need for NVIDIA chips is insatiable.
Jordan Metzner [16:10]: Every day we're seeing, this massive company continue to grow significantly. It says intraday, we're at five percent up today. I think it was up two and a half this morning or 3% already. So yesterday was up five, today up five, yeah, three and a quarter this morning. So, this thing just can't stop going. And, Nvidia is, they're the number one shovel dealer, and they make the best shovels, and everybody's buying their shovels. Yeah. You mentioned, the Nokia deal. Obviously, there was a great shot with Jensen and Alex Karp from Palantir. And, yeah, I think, we're gonna continue to see NVIDIA break records, launch new chips, and, continue to power basically this AI evolution or revolution that we're going through.
Sam Nadler [17:03]: Super exciting. I've said it before, and I'll say it again. I'm a big believer. I still I think in NVIDIA could go to 10,000,000,000,000. I mean, it's not that crazy with if you think if AI isn't a bubble and NVIDIA continues to be pretty much the only source for the chips and the most efficient chips, then, it's gonna keep growing. So, I'll probably eat my words as don't this is not financial or stock advice, but, it's just a bit an amazing story. And, for me, I'm not a savvy investor, but learning more about Jensen and, seeing more of his interviews makes me more bullish on the company.
Jordan Metzner [17:56]: Yeah. I mean, think, NVIDIA is at the center of this AI revolution, and it's not gonna slow down. Let's move on to Elon Musk, and then, we're almost at the end of this episode here.
