00:00well folks it was a big day Jensen
00:01actually just stepped off stage about an
00:03hour or two ago he showed off some
00:05absolutely gamechanging products and new
00:07services that are going to change
00:09nvidia's future forever and so we're
00:11going to talk about exactly what was
00:13shown off here why these are such big
00:15things we'll speak about if Nvidia is a
00:17stock you have to own at this point in
00:19time we'll speak about also I used to
00:21own Nvidia stock back in the day in the
00:23public account we're going to speak
00:24about in today's video if I'm looking to
00:26actually add Nvidia back to the public
00:29count now at this point in time and I'll
00:30take you through all of that very
00:32complicated stuff there okay but at
00:34first I want to speak about tesle stock
00:36in this video cuz two game changing
00:38things happen here today in regards to
00:40teso the stock price was up uh quite
00:42considerably it was up over 6 percentage
00:44points here today we were up about
00:45$17,000 in the public account on Tesla
00:48here today okay so we'll speak about
00:49what exactly is going on there and some
00:51game changing stuff for Tesla okay all I
00:53ask in return as always guys smash a
00:55like and make sure you're subscribe to
00:57the channel here that's all I ask I hope
00:59you can do that for here today less than
01:0110 you know less than 10% of people like
01:04you know go out of their way to hit the
01:06the the like button so I appreciate the
01:088 to 9% of you guys that aren't too good
01:10for that okay I appreciate you guys in a
01:12huge way and the rest of you guys are
01:1490% plus you know come on man that's all
01:17I ask like you can just smash a like you
01:19can't just make sure you subscribe I
01:20appreciate you okay and I also filmed
01:22you guys a brand new workshop goes into
01:23how much you money you need to retire it
01:24looks like over 2,000 you guys have got
01:26to enjoy that it's absolutely free pin
01:28comment down there if you want to enjoy
01:29that after today's video okay this was
01:31just worth mentioning before we get into
01:33Tesla here money market assets is a new
01:35all-time high in history folks yes well
01:39well well over $6 trillion it looks like
01:41we're climbing a 7 trillion now at this
01:43point in time okay so Tesla stock up
01:46huge today uh what's going on here well
01:49two big game-changing things for Tesla
01:52are going on simultaneously and really
01:54they've been developments over the past
01:56I would say 48 to 72 hours okay first
02:00off huge for Tesla so I tweeted this out
02:04about well if they still call it
02:05tweeting I guess they call it posting
02:07now or whatever uh but 23 hours ago I've
02:10had multiple people tell me they're
02:12extremely impressed with full
02:13self-driving uh you know version 12 they
02:16tell me it's unreal how much Tesla has
02:18improved FSD in the past few months very
02:20good to hear and we'll get into the
02:21specifics in just a moment in regards to
02:23what's going on here okay but
02:25essentially starting really Friday and
02:28throughout the weekend massive amounts
02:31of Tesla customers were able to get the
02:34new FSD beta okay and so all of a sudden
02:38tons of people got this 12.3 which is
02:40probably the most hyped FSD I've seen in
02:43a long time maybe ever I don't ever
02:47remember there being so much hype around
02:48a new Tesla FSD ever so that's
02:51automatically good when you got hype
02:53around it going in that means the hype's
02:55coming from somewhere that means it's
02:57likely people that were very early in
02:59testing it talking with other folks and
03:00so there was a lot of hypee going into
03:02this and so thousands and thousands of
03:04customers got access this over the
03:06weekend okay Michael Dell posted this
03:09here he says super impressive Tesla FSD
03:1312.3 is like a human driver it is and uh
03:17you know that's a you know important
03:19person to say something positive like
03:20that by the way I thought this was just
03:22worth mentioning this was motivational
03:23cuz I clicked I I had to make sure that
03:25was actually Michael Dell's profile and
03:27it was and uh just something
03:29motivational for guys I started Deltech
03:3137 years ago with $11,000 revenues in
03:331984 were $6 Million last year revenues
03:36were 94.2 billion dollar impossible is
03:39nothing I just I appreciated that
03:41overall okay so here's what I'm hearing
03:44personally from folks basically what
03:47they're saying if I if I could just make
03:49it as simple as possible for everybody
03:51okay the what I'm hearing from folks is
03:53basically driving is more natural than
03:55ever before which there's always been a
03:57complaint about FSD since it basically
04:00came out that it wasn't natural enough
04:02it drove too much like a robot rather
04:05than a human and from what I'm hearing
04:07this is by far and away the most natural
04:09driving FSD we've had also a lot of
04:12folks are saying it's easier to trust
04:14now maybe some of that goes back into if
04:16it's driving more natural like a human
04:18it's easier to trust overall right and
04:20so that's a huge step in the right
04:22direction because for some folks they
04:24don't they have trust issues with FSD
04:26right and so if it's easier to trust
04:28that's a huge win for t
04:30and from the the other gist of it is it
04:32basically Tesla's on this last like 1 to
04:352% of driving now at this point in time
04:37they got it down to like the last 5% but
04:40now it seems like the last 1 to 2%
04:42meaning essentially if you have an
04:43hourlong Drive okay maybe you have to
04:48help the car out for maybe one or two
04:51minutes out of a 60-minute drive
04:53somewhere okay so you know and and we
04:56could take that even down if it's a
04:5730-minute ride it was a lot less of a 15
04:59minut right so that's great we're on
05:02that very very last leg at this point in
05:04time so Tesla is clearly making a lot of
05:07progress here right now I take you guys
05:09back to what happened in the summer of
05:112023 this past year right musk on the
05:14conference call he basically said Tesla
05:17would buy as many Nvidia AI chips as
05:19they could possibly buy right uh but you
05:22know Nvidia obviously has a lot of
05:24customers outside of just Tesla this was
05:26specific out of Elon Musk he says we're
05:28using a lot of Nvidia hard Ware will
05:30continue to use will actually take
05:32Nvidia Hardware as fast as Nvidia will
05:35deliver it to us tremendous respect for
05:37Jensen and Nvidia they've done this is
05:39Elon mus talking they've done an
05:41incredible job and frankly I don't know
05:44if they could deliver us enough gpus we
05:47might we might not need Dojo that's
05:51intriguing but they can't they've got so
05:54many customers they've been kind enough
05:57kind enough nonetheless to prioritize
06:00some of our GPU orders I mean you know
06:03here's Tesla spending fortunes of money
06:05on these chips right and along with
06:08other companies as well and they're like
06:10oh I'm so fortunate thank you you're so
06:13kind to send me these chips thank you so
06:15much for letting me spend $500 million
06:17on these chips $200 million $6 billion
06:19thank you thank you thank you right now
06:22guys real quick there side note for
06:26NVIDIA is there ever something more
06:30powerful than what I just showed you
06:33right there we have the richest man in
06:35the world who is basically saying oh
06:39you're so kind to send us your chips and
06:41let us spend our money with you is that
06:44most powerful thing you've ever heard in
06:47the business world I've never seen
06:49anything like that when when Elon said
06:51that in the conference call I was like
06:52oh my gosh like nvidia's really got it
06:54like that for ELA must to bow down and
06:57say something like they've been kind of
06:59enough to to give us some chips oh he's
07:02so kind it it's I put it like this right
07:04imagine you go to McDonald's well you go
07:06to McDonald's like no one's like oh you
07:09know I got to meet the chef back there
07:11in the back room of the McDonald's I'm
07:12so I'm so thankful oh my gosh you've
07:15been so kind to sell me this Big Mac
07:17here today no one does that okay no one
07:18does that however if Gordon Ramsey
07:21cooked you a meal you would be like oh
07:22my gosh I'm so thankful for this this is
07:25so awesome how' I get so lucky Gordon
07:26Ramsay's personally cooking me a meal
07:28this is amazing right be bowing down but
07:31imagine you're another Super famous chef
07:34and you're a super famous chef that's
07:36bowing down to another Super famous chef
07:38right that's a that's a whole different
07:40level of respect there whole different
07:42level of respect now my guess is Tesla
07:45got their hands on these new Nvidia AI
07:47training chips right likely h100s at
07:50some point in the second half of 2023
07:52that's my guess maybe they started
07:53getting their hands on some in the first
07:55half but I'm guessing they really got
07:56their hands on them in the second half
07:57of 2023 got everything up and rolling
07:59which means if you got your hands on the
08:01chips in the second half of 2023 then
08:02that means 2024 and 2025 are your huge
08:05years of progress and to finish this
08:07last 1 to 2% of driving that needs to be
08:10finished right and to get to get FSD to
08:14the point where literally you don't need
08:16a human even in the seat right cuz
08:18that's where that's this is the last leg
08:20that Nvidia is trying to conquer here
08:22this last leg Nvidia needs to get or
08:26excuse me Tesla needs to get to the
08:28point where they you don't even need a
08:30human in that that front seat it is that
08:33trusted that's where that's where Tesla
08:35is trying to get over this next 2 years
08:37okay that's the only way Robo tax is
08:39going to take off is if we can get the
08:41car to drive so dang good that it's
08:43better than a human by far and away and
08:45you don't even need a human up in that
08:47that front seat you don't even need a a
08:49steering wheel on the car and so that's
08:52my thought process here in regards to
08:54that right now I uh posted this inside
08:57the private group I said you guys know
08:58how I have the idea of $99 a month for
09:01FSD which I think is still like Tesla
09:03should go there over time I don't know
09:05when they do that right now they want
09:06$199 people are used to always spending
09:09less than 100 on subscription so you
09:11know I think it' be good if we can get
09:12it down to 99 a month but someone came
09:15up with a pretty genius idea actually in
09:16the comments section of one of my videos
09:18might think I look at the comments I do
09:20I do I read through the comments and by
09:21the way thanks for all the comments on
09:22the reaction channel the other day in
09:24regards to my elbow I appreciate that
09:26but um someone came up with a pretty
09:28genius idea first month free I think
09:30that would be so smart as basically
09:32everyone would at least give it a try
09:34plus Tesla would get massive amounts of
09:36data from that management needs to get
09:38on that in my opinion and I think yes I
09:39think it's you know free free month
09:42subscription is genius get everybody
09:44used to using it get everybody to try it
09:45out worst case scenario is people try it
09:48out and they don't like it and they
09:50cancel okay but Tesla still got a bunch
09:52of data from people using it over that
09:55month right which still helps train the
09:57AI models see where I'm going with this
10:00and so I think Tesla needs to get on
10:03this ASAP and I think there's going to
10:05be a lot of people that will be
10:06pleasantly surprised by what they see in
10:08FSD and go ahead and say oh yeah I'm
10:12going to stay signed up for this this is
10:13uh pretty awesome I like this experience
10:15overall right but they got to do the
10:17first month free in my opinion if they
10:19really want to scale it to some crazy
10:22numbers overall right so we'll see where
10:24that happens I'm hoping at some point
10:26this year they go ahead and adopt
10:28something like that if they don't do it
10:29this year I hope next year cuz I think
10:31because a lot of people are they're
10:33uneducated on FSD or they're like you
10:35know scared of it or you know free trial
10:37helps out tremendously in regards to
10:39that right now the second thing that
10:41happened that's absolutely huge huge
10:44huge for Tesla look at this Tesla stock
10:47rallies as prices for model y EVS will
10:50increase in April oh baby okay who
10:55called this if you guys watch my Tesla
10:58video I produced for you guys uh you
11:00know 4 days ago or so that is Tesla
11:03stock in trouble we spoke super in-
11:05depth across the board in regards to
11:06Tesla and I told you guys I think
11:07margins will bottom in the first half
11:09here of 2024 and they'll increase in the
11:11second half and why did I tell you that
11:12I told you I gave you a bunch of
11:13different reasons of bringing down cost
11:15and then one of my other reasons was
11:17guess what they're going to start
11:20increasing prices again and a lot of
11:22people thought maybe I was crazy in
11:23regards to that at least some people
11:25thought I was crazy and now people are
11:26like oh yeah maybe Jeremy was on to
11:28something maybe they are going to start
11:30increasing prices and guess what that's
11:32what it looks like is going to be the
11:33situation they're going to start
11:34actually increasing prices again and it
11:37won't even have to wait till the second
11:38half of the year they're all going to
11:39already going to start in the first half
11:41of the year right which means margins
11:44will bottom in the first half of the
11:45year just like I said right plus cyber
11:47truck one of the other big reasons cyber
11:49truck right now is going to be likely a
11:51headwind to margins and the second half
11:53of the year I think cyber truck's going
11:55to move to being a Tailwind of margins
11:57and so that's going to be or at least
11:59kind of uh a neutral in regards to
12:02margins overall which is going to be
12:04very bullish for Tesla overall so you
12:07know what I said there I think it's
12:08starting to already come to fruition a
12:10little bit now I was buying Tesla stock
12:12on Friday and if you're part of my
12:14patreon that's Linked In the description
12:15you got to see that you got to see the
12:17stocks I was buying because you get to
12:18see the stocks I'm buying and selling
12:19every week and uh Tesla was one of the
12:21stocks I was buying right now this is
12:23looking at the public count my Tesla
12:26position which is my big Tesla position
12:28it's pretty bullish when I'm buying
12:29Tesla I'm only down I bought this stock
12:32on and off since 2019 and I'm only down
12:35on one set of lots ever ever in regards
12:38to public count for Tesla overall every
12:41other one has always been a money maker
12:43so whenever I'm out there buying Tesla
12:45stock it's usually one of the most
12:47bullish signs you could ever imagine
12:49let's just put it that way cuz I
12:50understand this company on High level
12:51I've understood it for a long time and I
12:55know when I'm getting very very
12:56attractive pricing on the stock and here
12:59the pric has been very very attractive
13:01I'll just put it that way so Moro story
13:04is Tesla's in a great position FSD
13:06continues to make tremendous progress
13:08and in a time period where some are
13:11giving up on it I think they're making
13:13the worst decision with giving up on FSD
13:15now because I believe over this next
13:17year the progress is going to be
13:19tremendous and I wouldn't be surprised
13:20if within a year it's driving way way
13:23safer than a human driver overall which
13:26is going to bode very well for insurance
13:28rates as well because man insurance
13:29rates are going up and by the way your
13:31insurance is about to go up more in a
13:34months I know don't ask me how I know
13:36but I'm just going to tell you your car
13:38insurance is going up in a few months
13:41Nvidia so speak about what's going on
13:44here with Nvidia and I'll tell you if
13:45I'm about to start buying the stock now
13:47at this point in time and you know
13:50everything in regards to that first off
13:53check this out I mean this is a this is
13:55are you kidding me an EV an Nvidia event
13:58has George Lucas and Kendrick Lamar and
14:01NS and Trevor Noah and Ashton Kutcher
14:03and all these folks at it it's just
14:04crazy you think about that for a moment
14:07it's an Nvidia event and you got these
14:09sorts of folks showing up for it that's
14:11big time check this out here this this
14:14puts it in the context right I saw this
14:17on X Out There the Nvidia you know it
14:20had to rent out an arena an arena for
14:22this event you couldn't even get hotel
14:24rooms anywhere remotely close everywhere
14:25was sold out it was where the San Jose
14:28Sharks play I mean that's just
14:29incredible and there was not a vacant
14:31seat in that place everybody was dead
14:34set couldn't even you know people were
14:35like I'm not even going to the bathroom
14:37I'm going to hold it making sure I don't
14:39miss a second of this Jensen I mean
14:42shoot would have thought it was a Taylor
14:43Swift console you got to be flipping my
14:45flapjacks now there's a bunch of big
14:47things that happened the biggest thing I
14:51personally personally was actually when
14:55they were speaking about what they're
14:56going to do and the progress they're
14:57going to make in regards to robot
14:59okay Nvidia is working to bring AI
15:01robots to to real life on Monday the
15:04chip maker announced the project Groot
15:07Foundation AI model built to create
15:09better performing humanoid robots Nvidia
15:12also unveiled a system on a chip named
15:14Thor to be used for robots the quote the
15:17enabling Technologies are coming
15:19together for leading robotics around the
15:21world to take giant leaps toward
15:26robots oh maybe that Tesla robot thing
15:30might end up actually being something
15:31after all Groot powered robots will be
15:35designed to understand human language
15:37and emulate human movements through
15:39observation now it was fascinating cuz
15:43this all like kind of hit me and I put
15:44all the pieces together while I was
15:46doing something so simple but yet so
15:49freaking complicated while I I had my
15:51headphones on listen to this right
15:54so I'm eating chips and salsa while I'm
15:56doing this right and my my first off it
16:01was like the end of the bag you know
16:02when you get down the end of a bag of
16:03chips and it's like broken little teeny
16:05pieces and they're like all these
16:06different sizes and like little pieces
16:08and stuff like that right and I got my
16:10spoon and I'm putting the salsa on and
16:13I'm listening to Jensen talk about what
16:15they're going to do to change the
16:17robotics industry and I was thinking
16:20complicated what I was doing was putting
16:23I'm having to get the perfect amount of
16:25salsa put it on the chip at the perfect
16:27angle it without spilling it all right
16:31put it in my mouth and I was thinking
16:32about how ridiculously complicated that
16:36there's no one other than humans can do
16:38what I was doing there right there's no
16:40other animal that could like perfectly
16:42get the spoon put the perfect amount of
16:44salsa so it doesn't spill all over the
16:45place and and you know at the right
16:47angle and all those sorts of things and
16:48there's no robot today that can do that
16:51and that's kind of sad there's no robot
16:53on the planet that could actually just
16:55go up there and move as naturally as I
16:57move and do it as quick as I do it and
16:59that's impossible today for such a
17:01simple task and yet machines can do the
17:04most complicated math that you could
17:06ever conceive and and a machine could
17:08beat me at chess in in less than 30
17:11seconds but yet it couldn't do what I
17:14was doing in terms of putting the
17:16perfect amount of salsa on a chip and
17:18just eating it and just making it look
17:19very natural right such a what I think
17:21is an easy task But ultimately is a
17:24ridiculously complicated task and US
17:26humans we do these ridiculously
17:28complicated things on an everyday basis
17:31I mean think about driving for instance
17:33right I mean you know look at how much
17:36trouble all these all almost everybody's
17:39basically thrown in the towel in regards
17:41to trying to create cars that drive
17:43themselves Tesla is one of the few
17:45that's actually standing strong and like
17:46we're going to actually figure this out
17:47and we're going to solve this and even
17:49Tesla still is trying to figure out that
17:51last 1 to 2% they spent ridiculous sums
17:53of money so us humans we do these
17:55ridiculously complicated things and
17:57you've got to get better at training the
17:58model so then they can basically emulate
18:01exactly how we do and I imagined like a
18:03robot basically just acting as natural
18:05as I do and just doing what I do and
18:07those sorts of things and all that is
18:08going to end up happening through Nvidia
18:10chip systems over time and so that's
18:14what's actually needed to I think have
18:16the robot industry really take off in a
18:19real way so it's something other than
18:21just you know uh we're moving this car
18:23door from here to over here okay if
18:26we're going to take this to a real huge
18:28scalable level we've got to we've got to
18:31have the training systems to train these
18:33things no different than open AI can
18:35train across massive amounts of images
18:37videos text conversations and things
18:40like that this is like training in the
18:41real world like how humans interact how
18:43humans move and those sorts of things
18:45right so that's obviously what's needed
18:47now that in my opinion I don't think a
18:50lot of people are even going to
18:51understand what was going on there in
18:53regards to robotics that to me was the
18:55biggest thing I'm like that's that's
18:57crazy like that that's the biggest Game
18:59Changer but what I think some people
19:00will begin to understand is we need
19:03bigger gpus Nvidia on Monday announced a
19:06new generation of artificial
19:07intelligence chips and software running
19:09AI models the new AI Graphics processors
19:12named Blackwell are expected to ship
19:14later this year the announcement comes
19:17as companies and software makers still
19:18scramble to get their hands on the
19:20current generation of h100 chips right
19:25now you know you I could go through all
19:27the stats and data but I don't even
19:29think like 90% plus of people would
19:31would understand all those that you know
19:33what we're going to go through the
19:34bottom line is understand these blackw
19:35chips are ridiculously powerful they can
19:38do way more than like anybody could
19:41imagine let's put it that way Amazon web
19:43services is going to build a server
19:4820,000 20,000 of these chips and it's
19:51insane and you think about how expensive
19:52these chips are going to be I mean My
19:55Gosh guys you know when we're talking
19:57these customers are spending money we're
19:59talking they're spending you
20:01know on these some of these new Chips
20:04they they could be easily spending
20:05$50,000 $100,000 a chip for some of
20:07these new generation chips right it's
20:10insane Nvidia didn't provide a cost for
20:13the new GB 200 or the system it's used
20:16in nvidia's Hopper based h100 cost
20:19between $25,000 and $40,000 per chip
20:21with the whole systems costing as much
20:23as $200,000 according to analyst
20:25estimates right the bottom line is these
20:28new are going to be far more expensive
20:30than the old chips you think Nvidia is
20:31going to sell those more much more
20:33powerful chips for a cheaper cost no no
20:36they're going to spend them sell them
20:37for much more expensive cost right the
20:40companies are forced to buy them because
20:42if they don't their competitors will get
20:43ahead of them so you either spend and
20:46you buy the most powerful things or you
20:47will fall behind right so
20:51ultimately what I came to the conclusion
20:53with here is nvidia's revenue train is
20:56not stopping this year it's not stopping
20:58next year either I think at this point
21:00in time if you're thinking about Nvidia
21:02going backwards with Revenue I think
21:04you've got to push all the way out to
21:062026 at this point in time and you know
21:09if you're bearish on Nvidia you've got
21:10to hope maybe in 2026 their revenues
21:142027 because looking at this
21:17logically I don't see nvidia's Revenue
21:20train stopping not this year and
21:23probably not next now at this point in
21:24time folks because I'm telling you
21:26they're going to sell these chips for a
21:27lot more the big the big dogs are all
21:30basically like I said forced to buy them
21:32it's not like you really have an option
21:34say oh I'm GNA skip that okay skip that
21:38beat you you it's not like there's
21:40there's an option there you you you skip
21:42it you get beat right now this might be
21:46even bigger than the first two things I
21:48took you through in terms of what it
21:50means for nvidia's stock price okay
21:53stock price now we're talking business
21:55model now we're talking Nvidia inference
21:58micros service Nvidia also announced
22:00it's adding a new product named Nim
22:03which stands for NVIDIA inference micros
22:06service to Nvidia enterprise software
22:09subscription I'll explain why this is
22:10huge in just a moment Nim makes it
22:12easier to use older Nvidia gpus for
22:15inference or process of running AI
22:18software and will allow companies to
22:20continue to use the hundreds of millions
22:22of Nvidia gpus they already own
22:26inference requires less computational
22:28power than the initial training of new
22:31AI model Nim enables companies that want
22:34to run their own AI models instead of
22:36buying access to AI results as a service
22:39from companies like open
22:41AI the strategy is to get customers who
22:44buy Nvidia based servers to sign up for
22:47nvidia's Enterprise which cost
22:55GPU per year for a license
23:02$4,500 per GPU per year and folks like
23:06that's basically like straight profit
23:09okay and when you take into account the
23:11tens of thousands hundreds of thousands
23:13or even more gpus that these big
23:16customers have maybe even in the
23:17millions and you run the math on
23:21that oh my gosh Nvidia is going to start
23:24banking money off software people have
23:27been wondering how's Nvidia going to
23:28make money off software and now it's
23:31starting to become a little more clear
23:33the Nvidia is going to be making huge
23:35money not this year this year even next
23:38year you won't see like crazy software
23:41money but as you get into 26 27 and
23:44future years that money is going to
23:45start pouring in right so this is
23:49absolutely massive and the reason this
23:51so massive for the stock price is
23:53nvidia's always been a stock that's Mis
23:55up and down I call it right it I mean
23:57look at the move movements of the stock
23:59it'll be up 125% and then the next year
24:01down 50% right it up 81% and then down
24:0430% it was up 131% and then was down 17
24:0710 and 10 right and so that's Nvidia
24:11it's one of these stocks that would
24:12always go through some insane bullish
24:14cycles and then some insane bearish
24:16cycles and the reason being is because
24:17they were only Hardware related well now
24:21that Nvidia could start pouring in money
24:22on the software side
24:24right it will start to slowly be viewed
24:28as more of a saslik business model with
24:30chips on top of it it'll start to be
24:32viewed a little bit more like apple is
24:34nowadays and apple gets this huge
24:36premium on the stock Microsoft gets a
24:38huge premium on the stock did you know
24:40Microsoft's forward PE is around the
24:43same as Nvidia did you know that no that
24:47should not be Microsoft's got decent
24:50growth nvidia's got ridiculous growth
24:53Microsoft's a stable good company NVIDIA
24:56is a gamechanging world changing company
24:58there's a difference right and so those
25:01stocks shouldn't even trade remotely
25:03close to the same forward piece but they
25:05do because people say Nvidia you know
25:08yeah maybe it goes up another 100% from
25:10here but then it's going to have a big
25:1150% crash right because it's so Hardware
25:13related if all you can start pouring in
25:15the money regardless if people are
25:16ordering chips at that point in time or
25:18not oh my gosh you know you're doing
25:20awesome and so this is a huge game
25:23changer for Nvidia stock price now
25:25another thing became apparent to me
25:27watching Jensen on that stage here today
25:30and you know obviously Steve Jobs was
25:33the guy right he was seen as the leader
25:36when it came to technology for really
25:39since the late 9s all the way until you
25:41know his passing in what 2011 and he was
25:44really seen as the the guy that could
25:47somehow make nothing out of something or
25:50something out of nothing I should say he
25:51could somehow make something out of
25:52nothing right he was seen as this guy
25:54that just could create a new industry
25:56get the people together to work on this
25:58and just you know it's like something
26:00that wasn't there before and all a
26:01sudden it's this huge thing and it's
26:02like how' that happen I mean there was
26:04nothing there and now it's all a sudden
26:05this big thing right and obviously he
26:07was I would say he's the most critical
26:09person to the mobile the mobile
26:11Revolution right tablets smartphones all
26:14those sorts of things you know if he's
26:16not there do those devices do those
26:18things ever take off the way they did
26:20without Apple I don't know maybe they do
26:22maybe they don't we'll never know you
26:23know the answer to that right but it
26:25became very apparent that Jensen is the
26:28the jobs of the modern day right it
26:31became very apparent to me that he's got
26:33the world's attention he is the coolest
26:35in regards to Tech sector everybody
26:38really wants what he has and he's making
26:42he's helping make these new Industries
26:44and these new things happen that people
26:46were just like you know dang I I
26:48couldn't imagine that right and just
26:50having those moments where it's like wo
26:52they're doing what like like that's
26:55crazy those iPhone type moments when you
26:57saw that phone for the first time and
26:59Steve Job showed that off and it was
27:00like what what is this this is crazy
27:02this is insane this is awesome and
27:05Jensen's now doing that with his events
27:08right and so that that became apparent
27:10to me as well watching that right now
27:13next thing I'll say is I'm going to
27:15quote this okay it's a cheat code of a
27:17company it's a Jeremy Le quote right
27:19there okay it's a cheat code of a
27:20company video is a cheat
27:24code their Workforce is so good and
27:27their leader is so good at that company
27:31that every time you try to count them
27:33out they come up with the next big thing
27:34that's way bigger than the last thing
27:36was and I've watched nid over this past
27:39decade actually more than a decade now
27:41at this point in time and they've just
27:42done it again and again and again every
27:44time you think oh nvidia's best growth
27:46days are behind it they come out with
27:47something new and the new thing is way
27:49bigger way better and way more impactful
27:52of the company than the last thing was
27:54it's a cheat code of a company and so if
27:57you think today was the last time Nvidia
28:00is ever going to show off some new way
28:02of making money on the hardware side or
28:04the software side you're sorely mistaken
28:06this is not the last time and they're
28:08going to have another event and another
28:09event and you know at the end of the day
28:12keep growing that business bigger and
28:13bigger and bigger right now the other
28:15fascinating thing with Nvidia is the
28:18stock doesn't trade rich and I spoke
28:19about kind of you know this versus
28:21Microsoft I mean the stocks trade
28:23somewhat in the same ballpark in terms
28:24of forward p and that just shouldn't be
28:26like that right because of nidia's
28:28growth rates and to see this company
28:31trading at you know let's call it
28:32roughly a 38 forward P right now when I
28:35think about the revenue in margin and
28:39net income opportunity this company has
28:41over this next many years CU remember
28:43these Trends we're talking about here
28:45this isn't going away like this just
28:47getting bigger and bigger right the need
28:50for AI chips is not like just going to
28:52go away like that's going to become a
28:53much bigger need 3 years from now 5
28:55years from now 7 years from now 10 years
28:56from now to train robots like we're
29:00still in first inning of that game
29:01second inning of that game imagine where
29:03that's going to be many years out so the
29:054dp here I'm like Nvidia should be
29:07trading at at least double or triple
29:09that Ford P here today folks you look at
29:12this company gross margins 75% plus
29:15you're looking at net margin 50% plus I
29:18mean these are just ridiculous
29:19ridiculous numbers right so I'm starting
29:22to view Nvidia very similar to an Amazon
29:24or meta type company it needs to be in
29:26every single portfolio it really does
29:29and so that puts me in this position
29:31with the public count I've got to start
29:33a position in Nvidia in the public count
29:36I've got to do it like I just feel like
29:39I can't not be part of this when I think
29:42about how much growth this company has
29:44over this next decade to just say oh the
29:49Stock's up a lot in the past year so
29:51therefore I don't want to buy it it's
29:53just a very caveman likee mentality oh
29:56stocks up a lot I don't want to buy it
29:57no no the end of the day you got to look
29:59at the valuation and you got to think
30:01about where this company's growth is
30:02going over this next 5 10 years and I
30:05see a very bright next 5 to 10 years for
30:08NVIDIA and I see a company that you
30:12can't compete with them you can't
30:15compete with them The more I've watched
30:17over especially over this past year year
30:19and a half the more I'm like companies
30:22like Intel and AMD are behind they're
30:25way behind and then believe all these
30:28other big tech companies would love to
30:30eliminate Nvidia so they don't have to
30:32spend so much with Nvidia all the time
30:34in terms of these chips but you know you
30:37hear about meta trying to compete and
30:39create their own chips and and Tesla and
30:41other companies I personally own I'm
30:43just didn't tell you it's not happening
30:45Nvidia is out in front of all these guys
30:47by many times years so these other
30:51companies are trying to catch up to
30:52maybe let's say an h100 by the time you
30:55h100 nvidia's already two three chips
30:58past that so you're playing like a game
31:01of trying to catch somebody's Shadow and
31:04and if anything I'm looking at Nvidia
31:05I'm like they might actually be
31:06extending the lead here rather than
31:09these other guys catching
31:10up and so what they've got going on
31:13there is magical that's all I can say
31:15they got the magic they got the magic
31:18and um it feels like a stock that I have
31:21to have in my portfolio because at the
31:24day do I think Nvidia is going to 400 or
31:27they think it's going to 1, 1500 I think
31:29it's going to 1500 the more I think
31:31about this is more I think about you
31:33know years ago I made a prediction that
31:35I thought Nvidia would be A10 trillion
31:37plus company someday market cap wise and
31:40the more I'm looking at it I'm like I
31:42can actually see it I can actually see
31:45how Nvidia becomes a 10 trillion plus
31:46dollar company when you start running
31:48the numbers now you got the subscription
31:50service right $4,500 per year per
31:54chip and you think about the cash flows
31:56that are going to start pouring in that
31:58if they choose to they can use it on
31:59share BuyBacks they've got the I mean
32:02they've got arguably the most talented
32:04Tech team in the world if they don't
32:06have the most it's certainly one of them
32:08they they're going to have so much cash
32:09flow coming in over this next few years
32:11that if they want to buy out other
32:14gamechanging companies that could help
32:15them expand in other verticals they can
32:18do that so I'm just looking at it across
32:20the board and I'm like I can see it like
32:23I can literally see how this company
32:24becomes a $10 trillion plus company I
32:27think it's going to pass Microsoft I
32:28think it's going to pass Apple in terms
32:30of market cap and from there if anything
32:33it could accelerate its lead and so you
32:36know we'll see all I know is man oh man
32:40you know I've been telling people since
32:41the stock was like 150 don't get in the
32:44way of this thing it's a freight train
32:45and then people are still trying to get
32:47in the way of it and I'm just like I
32:49think you're making a big mistake there
32:51okay all right guys appreciate you
32:52joining me as always much love get my
32:54free new workshop that's going to be pin
32:55comment down there 2,000 plus people
32:57have gotten that already gotten great
32:58feedback on that uh you know how much
33:00money you need to retire quit your job
33:02all those sorts of good subjects it
33:03covers in that one here today pin
33:05comment down there much love and have a
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