Episode 37: Nvidia's Secret AI Business (NVDA), TSMC Stock, and 1 AI Chip Stock's Dismal 2023 (AMBA)

Mellanox was a little-followed acquisition that Nvidia made in 2020, and it's now paying off big time. Nick and Kasey do a little digging and discuss just how much of an effect that the acquisition has had on recent earnings. TSMC (Taiwan Semiconductor Manufacturing) is a key chip manufacturer and system packaging partner for NVIDIA, so that means its growth will be tied to the biggest AI chip designer, right? Well, maybe, but not just yet. Why is that? Computer vision chip designer Ambarella had a lackluster earnings update, and the outlook for the second half of 2023 was pretty bad. A few months ago, we said this stock was on our watchlist. It appears elevated inventory, and perhaps intense competition from peers like indie Semiconductor, is eating into Ambarella's progress. With the company once again moving on from earlier design work to focus on a new trend (computer vision AI inference), we're no longer interested here at Chip Stock Investor. All this and more in this episode of Chip Stock Investor. Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. Nicholas and Kasey Rossolillo owns shares of Nvidia.