How Rich Habits’s view on $NVDA changed

More importantly, I think what's going to happen is that the SOXX fund will experience a kind of insane rally, and as it pulls back, the semiconductor companies we know and love and hold in our portfolios , like Nvidia, Micron, and AMD— names I believe will continue to perform well in the long run—will be negatively impacted by what I would call... what else could I call it?

Collateral damage in a broader sell-off in the semiconductor sector , where the market will start saying, 'Wait a minute, we should n't have raised the price of every stock with ' semiconductor' in its name .'

Here's a great example . Okay, I can scroll down to show you . These are some of the names in the SOXX fund: AMD, Micron, Nvidia and Broadcom are strong names. I love those names.

I've owned them for a very long time and I'll continue to own them for a very long time .

He then called Nvidia's president, Jensen Huang , directly onto the stage at a technology conference in Los Angeles, and was quoted as saying: "Robots will not take over the world."

Artificial intelligence will not take over. It's all just a trick.

This $ 1.2 trillion valuation represents a rise from $852 billion just last March when the company raised $122 billion from investors including Nvidia, Amazon and SoftBank.