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Former Google CEO Eric Schmidt has suggested that investors should buy Nvidia (NVDA) stocks, indicating a strong belief in the company's future growth. Schmidt, whose net worth is $20 billion, has a vested interest in the AI market, which he believes will continue to see a premium. His comments come amidst discussions on the energy needs of data centers and AI, and he highlights Nvidia's role in this sector. The statement implies a significant investment potential, with Schmidt mentioning $300 billion as a figure associated with Nvidia's market prospects.
Former Google CEO Eric Schmidt says investors should buy Nvidia $NVDA https://t.co/EgrVUGiQ5X
Erich Schmidt, former CEO of $GOOGL, basically (but unofficially) said to buy Nvidia $NVDA hardcore.. He’s obviously biased as his net worth ($20B) will increase as AI continues to get a premium in the market, but the case he lays out really centers around energy/chip/training… https://t.co/HGXxkGUzHI
Schmidt spends this entire clip talking about the energy needs of these data centers and AI generally, but his conclusion is to buy $NVDA? People have already declared the $ETN's of the world as big winners as "picks and shovel" makers for the modern day gold rush. When will… https://t.co/928ORbhhQI