Fund director Dan Niles threw cold water NafidiaThe initial recovery of the decrease in the share price on Monday, warning that the chip maker's shares may not have reached the bottom.
The shares in NVIDIA fell by 16.9 % on Monday after Deepseek claimed the start of the Chinese operation A large, free and open source language model It was built in just two months at a cost of $ 6 million, which is a small part of the cost bore by other major players.
These developments have Fear fears On the amount of money that large technology companies will invest in artificial intelligence, hitting NVIDIA shares, which is the main AI chips.
“Nobody wondering whether NVIDIA is the undisputed king and potatoes.
After the fall of Monday's share – which reduced more than $ 595 billion from the company's evaluation, The largest market ceiling for one day On the record – NVIDIA shares rose about 9 % on Tuesday, but Niles have bleak expectations for the United States looking forward.
“I think the investors should be very careful about the assumption that this is the bottom,” SRI Jegarath and Chery Kang told CNBC in “Squawbox Asia”.
He said that NVIDIA could bounce “absolutely” from the huge step on Monday, but if it is estimated to decrease from NVIDIA (revenue) by 50 % to 20 to 30 %, I think there is an arrow that has a larger negative aspect. From here.
in CNBC statement on MondayNafidia welcomed the appearance of the Chinese artificial intelligence competition. A spokesman for the R1's Deepseek “A Fexting Ai Advancement”, indicating that the American runner's maker sees an opportunity for his graphics processing units, or graphics processing units.
Microsoft bets
Niles also monitors whether the appearance of Deepseek has the ability to break the relationship between Backer Ai MicrosoftOpenai and Nvidia.
Microsoft was a driving force behind Catgpt-Creator, which sparked the mutation of artificial intelligence. Microsoft Almost $ 14 billion In starting artificial intelligence until now.
Although he is “the largest infection on artificial intelligence, the largest agent in Nafidia, Niles said that the Cap-EX of Microsoft can move from growth” 70 to 80 % to an apartment mainly by June. “
“So is the way you need to think about it, because part of this is, what is the return on investment, as you have spent so far?” He said.
“The answer was not for them, so we will have to see how this is running.”
