NVDA is in a calm and stable position; technical indicators (positive moving average, higher peaks/troughs) look very good.
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but they will pair them with networking equipment from "Nvidia". This is really interesting, especially for Nvidia, which is acquiring networking equipment outside of its own ecosystem, and if that's coupled with Apple.
So far, this is all just a rumor, but I think it would be an important development for Nvidia.
All I know is that this opens the door wide for rational, business-minded companies like Meta, Google, Microsoft, Nvidia, SpaceX, or any number of such companies that could come in here.
Turning to Nvidia, it started the week at 209 and jumped nearly 6% this week to reach 222. This comes as Trump dismissed concerns about artificial intelligence in a live call during Jensen Huang's talk at the All in One conference this week in Los Angeles.
Both described, or at least President Trump described, fears of an AI collapse as a "hoax," and Jensen Huang agreed with Trump, saying: "You're right, and we're not going to let that happen."
All of this comes a week before President Xi’s trip next week, I think, to the United States, and Jensen Huang and other technology leaders are expected to meet with him , and we will see what kind of AI developments will result from that.
Jensen Huang was also a speaker regarding next year, saying the company will double the size of its chips next year amid strong demand for artificial intelligence. This largely reflects what they told investors about a month ago when they announced the earnings.
We've talked about how to pair the company's networking equipment with Apple devices, and that's interesting. We'll see if Nvidia continues to develop this, perhaps with other partners.
These are essentially Nvidia graphics processing units modified to be sent into space in 2027, i.e., next year. Nvidia is now working on chips specifically for space. So, these are not the chips that people think are being put in data centers now, which require sophisticated liquid cooling and various other things.
This is actually a modified version of those chips. When you put these chips into outer space, there are of course radiation and other challenges , but these chips are specifically designed for space.
What we're relying on here is actually Nvidia's ability to deliver a chip that can operate in space. And I tell you, I have a lot of confidence in Nvidia's research and development department .
There is no reason not to trust them. If Elon Musk trusts them, I suppose we'll see chips launching into space.
Nvidia is in a calm and stable position. You have a meeting with President Xi next week that could move the semiconductor sector based on what comes out of it, but I mean you have a positive moving average.
You have higher short-term peaks and higher short-term troughs. I mean, technically speaking, it still looks very good.
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