TheStreet Pro’s Chris Versace explains why he’s still bullish on Nvidia.
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00:00NVIDIA held its latest GTC event with CEO Jensen Wang once again delivering a keynote address that
00:08talked about the future promise of AI. Jensen also announced a number of partnerships for NVIDIA and
00:17to me it really says that yes, we are not only still in the relatively early innings of AI,
00:24but adoption of AI across a wider array of industries, companies is continuing to unfold.
00:32That keeps me bullish on NVIDIA, but also on other shares that we have in the pro portfolio,
00:37whether it's Marvell or Eaton as data center infrastructure continues to be built out,
00:43not just this year, but over the next several. You know, again, the market has been volatile of late.
00:49If you take a look at a chart of the market over the last six, seven months or so,
00:54a lot of the enthusiasm that we saw after the Trump election has kind of come out.
00:59I think that reset is a very good opportunity for folks to revisit names that are continuing
01:05to benefit from structural shifts in the economy that includes AI. So whether it's NVIDIA, Marvell,
01:13Eaton, or some of the others that are poised to benefit from the multi-year uptick in spending
01:19relating AI and data center build out, it is a great time indeed to revisit some of these names.