Renowned valuation experts suggest buying the magnificent 7 during market corrections.
A professor from New York University believes that large technology companies in the usa will continue to generate cash / money market and claims to hold "the magnificent seven stocks."
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Breaking news! Four major industry associations collectively state: exercise caution when purchasing usa chips.
① The china semiconductors industry association, china automotive industry association, china internet plus-related association, and china communication enterprises association have all issued statements urging domestic companies to carefully select and procure usa chips. ② The new round of export restrictions from the usa involves over 140 chinese enterprises, affecting semiconductors manufacturing equipment, electronic design automation tools, etc., undermining the principles of fair competition in the global semiconductors industry.
nvidia participated in the investment, a european AI infrastructure company raised 0.7 billion, and it was once known as the 'Russian version of Google'.
① The Dutch AI infrastructure company Nebius Group NV announced that it has secured $0.7 billion in funding, with investors including Accel and nvidia; ② The funding will be used to build a full-stack AI infrastructure, including large-scale GPU clusters, cloud platforms, and developer tools; ③ Before July of this year, the name of Nebius Group was "yandex NV."
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Nvidia Eyes Acquisitions With Growing Cash Reserves
Express News | The chief financial officer of NVIDIA stated that acquisitions may be a potential use for the company's growing cash.
Express News | Nvidia CFO Says Mergers and Acquisitions Could Be a Possible Use for Co's Growing Cash - UBS Conference