Nvidia Could Rival Apple in Profit and Value from AI Chip Boom and Stock Buybacks

Jason Calcanis discuss how all big companies, sovereign wealth funds are buying Nvidia AI chips.

He thinks the AI infrastructure will solve all kinds of big problems.

Nvidia is the Next Apple in Value and Profit

Jason notes that 15 of the top 20 most valuable global companies are american. Nvidia almost certain to pass the valuation of Amazon and Google in the next two quarters.

Nvidia should have continued strong earnings even if revenue gross flattens. Nvidia has said they will buy $25 billion of their own shares. This is the Apple model of making a lot of high margin cash and buying back shares.