Episode 30: Nvidia’s AI Chip Breakthrough, Meta AI Fortunes, and Universal Display Readies For Huge 2024 Growth

Nvidia’s SIGGRAPH event last week held a host of releases and details of upcoming tech. We discuss two of the highlights from the event in this episode of Chip Stock Investor. The first, Nvidia is teaming up with Hugging Face to bring AI infrastructure to the masses, and the second the new GH200 supercomputer with HBM3e memory. What do these two updates mean for investors? Meta will be a huge benefactor of Nvidia’s supercomputers, especially when building out the Llama 2 AI algorithm. This AI system will be open source and allow anyone to design their own AI apps and systems. Which of these two companies is the better buy right now, Meta or Nvidia? Universal Display may not come to mind when you think of a semiconductor company, but it most surely is. OLED technology has a ton of room for growth, especially with the addition of blue phosphorescent emitters added to the stack. Universal Display has outperformed its peers in the past. Can it keep that up? All this and more discussed on this episode of Chip Stock Investor.

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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 Rossolillo owns shares of Nvidia, Meta & Universal Display.