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Motley Fool Hidden Gems Investing

Nvidia Sells Chips Like Pancakes

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 19 March 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

The chip designer unveiled a bigger and faster graphics processing unit, but the market isn’t cheering the announcement. (00:21) Asit Sharma and Ricky Mulvey discuss: - The advancements in Nvidia’s new Blackwell GPU. - If any competitors are closing in on the tech giant. - Nvidia’s plays in humanoid robots, self-driving cars, and weather forecasting. Plus, (16:14) Alison Southwick and Robert Brokamp answer listener questions about lending out shares, activist investors, and Social Security. Stock Advisor discount link for podcast listeners: www.fool.com/asit Got a question for the show? Email us at podcasts@fool.com Companies discussed: NVDA, INTC, AMD, GOOG, GOOG, AMZN Host: Ricky Mulvey Guests: Asit Sharma, Robert Brokamp, Alison Southwick Producer: Mary Long Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

How many CEOs are doing arenas these days? You're listening to Motley Full Money. I'm Ricky Mulvey joined today by Aet Sharma Osset good to see you.

0:24.6

Ricky good to see you.

0:25.9

So you know the first question is in the intro of the show how many CEOs can do arena? I've got Jensen Wong and Warren Buffett, anyone else on the list, because I don't think so.

0:38.0

Yeah, right now I'm down to those two. Okay. So the big story is this GTC conference where

0:45.4

NVIDIA CEO Jensen Wong delivered a keynote address in San Jose at the

0:50.4

arena where the the sharks play It had original music composed by artificial intelligence and played by the London Symphony

0:57.9

Orchestra.

0:58.9

We had Disney Animatronics on stage.

1:01.6

We had a wall of partnerships that Invidia has and a new

1:05.8

GPU. How about you? Any high-level takeaways before we get into the

1:10.8

nitty gritty of this new

1:12.8

GPU or the two new GPUs.

1:15.9

I thought it was interesting that Jensen Huang

1:18.2

disclaimed at the beginning, like this is not a rock concert, but everyone knows it was a rock concert because this is the

1:25.8

company that has benefited most from the wave of generative AI. Jensen Huang was

1:31.5

there to deliver a new product and all of the developers and other

1:36.8

attendees in the audience were there for it so it did have the atmosphere of a rock

1:40.6

concert to me. Yes I think it's if you have light up wristbands going in sync to something, it's difficult to say that it is not a rock concert.

1:49.0

There's a new graphics processing unit unveiled.

1:52.0

I think this is this is the big story where

1:53.9

we're gonna spend some time. It's called the Blackwell. For people who are

1:57.6

unfamiliar with this space, why is this chip a big deal? So Ricky I'm going to talk a little bit about this and forgive me if you

...

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