By Yahoo Finance Video
Publication Date: 2026-05-22 20:28:00
00:00 Speaker A
Phillip, when you think of the AI trade, you just can’t help but think of Nvidia. and we got those results Wednesday after the bell and a large part they beat Wall Street’s expectations, but you largely think that the narrative overall with Nvidia is sort of or or rather the results are sort of keeping the narrative afloat. So, one, are you just concerned about this valuation here? I mean, crossing that $5 trillion dollar threshold? Are you concerned that it’s a one of one? Walk us through how you’re thinking about Nvidia being such a leader, such a, such a a key player within this AI trade and momentum today.
00:58 Phillip
Yeah, look, Nvidia is a is a great company. It’s a, uh, it’s a great business. Um, I think what we’ve seen this, uh, this week with the results is that, you know, the, um, the fundamentals continue to be strong. Uh, but of course we have seen a pullback on the back of the results, which basically tells you that a lot of that information is already baked into the stock. And so, as we think about, uh, sort of up upside and downside scenarios, uh, for Nvidia but but the broader infrastructure, uh, or semi sec, we do think that there’s not a huge amount of visibility more than 12, 18, 24 months out. There’s a huge amount of innovation, uh, still happening. There’s new market entrance. And so from our perspective, and we think about accessing the AI trade today, uh, we would look outside of the infrastructure segment…
