By Yahoo Finance Video
Publication Date: 2026-03-10 14:12:00
00:00 Speaker A
GTC is next week. Nvidia’s GTC is next week, which is their big developer conference. They usually come out with all kinds of products. Um and there has been some chatter that maybe that will help reignite some of the excitement. But but also Nvidia is so well telegraphed and has and maps out things so so sort of transparently. It’s hard to see what more, you know, excitement could potentially come as a result of that.
00:39 Speaker B
I I just I think it’s as simple as there’s now a firm disconnect between the stock and the business. In the sense of all you had to do was buy the stock 18 months ago and it went up. And, um, if I look at, and I don’t want to pick on Nvidia here, but when this all kicked off in 2023, the immediate, which again, the stock was like, has gone up 1,000% since then, give or take. But like the immediate bear case is like, oh, this is a stock that’s gone down 60% multiple times in its history. It’s been a cyclical business. Um, I think I read Jensen’s post this morning as him saying, it’s a cyclical business, guys. Don’t forget it. Like this is a long cycle to play out. Now, how he’s defining the company within the context of that cycle, I think is maybe tilted a little more bullishly than the stock has acted, but I mean, he’s a founder CEO. I don’t think he’d have any problem with Nvidia’s stock, the price of Nvidia’s stock going down 50% over the course of the next year because that’s not the thing. Like he’s…
