Nvidia’s $2 Trillion Valuation a First for Chipmakers

Nvidia topped $2 trillion dollars in market value, becoming the world's fourth most valuable company. PGIM Jennison Technology Fund Portfolio Manager Erika Klauer joins Caroline Hyde to discuss Nvidia's meteoric rise and how it has managed to work with restrictions on China. She speaks on "Bloomberg Technology."

Like this video? Subscribe to Bloomberg Technology on YouTube:
 
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here:
 
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on...
 
 
Listen to the daily Bloomberg Technology podcast here:
 
More from Bloomberg Business
Connect with us on...

[Sectn]

Bloomberg has repeatedly targeted Nvidia for its lack of DEI, & yet NVDA has executed insanely well WITHOUT going WOKE.

[danaxa]

Take a shot whenever she says Jennison...

[AnnaSmith-wipl]

No brainer. Semiconductor and AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I have made more than 200% ROI from NVIDIA with the assistance of my fa, I won’t fail to mention. I agree the stock would go higher in the next couple of days.

[taurusneil]

Micron's HBM is poised to grow as well, especially after their global partnership with Nvidia. India will play an important role in this growth wave.

[Sectn]

I can't wait until AI replaces the hosts on this show with hyper-realistic avatars who are indistinguishable from real humans.

They can work 24/7/366 with no need to eat, sleep, or complain, and they don't get paid, sick or need vacations/mental health days.

[FredHousehold]

Has to be one of bested companies out there ? Alot companies need this companies idea's.

[anderbeau]

Oh god their market cap is almost as big as her forehead 😂

[antoinemorcos]

She is really annoying with her marketing…

[syedarmaghanhassan]

again the same quesiton, broadering, broadening.. Why would we have broadening? Are the earnings beating the estimates broadening? are the growth prospects in the braoder market broadening? IF not, just please quite talking about broadening because it is not going to happen by you wishing for it... light candles for broadening, but it is not going to happen, because the earnings growth is not broadening! it is so basic!

[randy]

No, we are closer to 1995 than 2000 as far as AI is concerned. Stop worrying about a supposed bubble and invest with your head. Stop buying single stocks and taking a single-stock risk. Buy appropriate ETFs, thematic, sector, global, fund-of-funds, S&P 500, or whatever for your core holdings including bond funds, such as T-Bills, Intermediate, money market funds, and HODL. LOL 🤔

PS - If you want to gamble, go to Vegas, have fun leave your cash in the casino, and enjoy the nightlife and food, a mini-vacation!

[ellmosebasttian]

*🌿📊💽📈💽📊I JUST WANT TO SAY ONE THING!?! COOL...; "...BLOOMBERG! IT'S ALWAYS (...ITSUMO...) BLOOMBERG...". THANKS! HAPPINESS AND GOOD BUSINESS! FOR ALL. "...WITH RESILIENCE AND OVERCOMING..." (...ITSUMO...).📊📀📈📀📊🌿.* by EllS🇧🇷🎨💫