**Nvidia Obsession: Why I’m Putting Jensen Huang’s Face on My Desk**
I’m known for keeping my desk tidy, believing that organization equals productivity. However, a recent misstep with Nvidia’s (NVDA) stock price has prompted a slight deviation from this rule. From now on, a paper cutout of Nvidia CEO Jensen Huang in his signature leather jacket will grace my wallboard (see picture below).
Last week, I briefly slipped up, forgetting to track Nvidia’s stock price as often as usual. The result? I missed a significant surge, watching the stock rebound to record highs after a brief dip. From now on, Jensen’s face serves as a constant reminder to stay vigilant.
Nvidia’s performance has been nothing short of remarkable. Up 13% in October, it’s significantly outperforming the S&P 500’s 1.4% gain. AMD (AMD) and Intel (INTC) are lagging behind, with AMD down 5% and Intel showing similar losses.
My renewed focus on Nvidia isn’t just based on market performance. Conversations with industry leaders reinforce my conviction. Tom Siebel, founder and CEO of C3.ai (AI), told me on Yahoo Finance’s Opening Bid podcast, “I don’t think there’s any hype at all when it comes to Nvidia. Jensen is the real deal. What they’re doing is very real and very powerful.”
Hewlett Packard Enterprise (HPE) CEO Antonio Neri echoed similar sentiments, highlighting the strong demand for Nvidia’s products, particularly its groundbreaking Blackwell AI chip. He mentioned, “When you think about the large-scale [cloud] providers, what they want is to come to market with the latest technologies. And obviously, Blackwell is a key component of that as they go from air-cooled to the liquid cooling, more power density and more performance, and they are on track to do that.”
Wedbush analyst Dan Ives predicts that demand for Nvidia’s Blackwell chip is outstripping supply by a staggering 15:1, with analysts poised to revise their fourth-quarter profit forecasts upwards. The JPMorgan team estimates “several billion dollars” in Blackwell revenue for Nvidia’s fourth quarter, underscoring the immense appetite for AI infrastructure.
While I scrutinize all the companies I cover, Nvidia’s current momentum and the enthusiastic response from industry leaders make it clear that this company is in a league of its own. Having Jensen Huang’s face on my desk serves as a constant reminder of the company’s potential and the importance of staying ahead of the curve in this rapidly evolving market.
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