PLUS - Who are Nvidia's New Silent Partners?
September 01, 2024 | Read Online | | | | Market Week: | ☕️ Good morning and happy holiday weekend. Here's a peek at the earnings we're watching this week, and a look ahead at the economic calendar. | And in case you missed these, here are the top five most-read headlines from last week, according to Market Briefing readers: | Analyst resets Nvidia stock price target before earnings (more) The end of fabulous money market rates is near (read) Warning signs flash in a labor survey as Fed officials watch for weakness (read) Fed minutes show a cut 'likely' to come in September (read) Kamala Harris adopts populist economic agenda in effort to beat Trump (read)
| With the market is closed tomorrow, expect your next full briefing on Tuesday, 9/3 at 7:00 AM ET. But first, a message from Weiss Research — | | — A message from our sponsor, Weiss Research — |
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| | | Who are Nvidia's New Silent Partners? | Dear Reader, | Nvidia recently became the most valuable company in the world. | And Goldman Sachs called it: | "The most important stock on planet earth." | Carson Group strategist Ryan Detrick remarked that: | "Few things are more certain than death, taxes, and Nvidia…" | You see, Nvidia is one of the only companies capable of making chips powerful enough for the most advanced AI applications. | These chips propel ChatGPT, Microsoft, Google, Amazon and pretty much everyone else involved in AI. | Without Nvidia, we wouldn't be where we are with AI. It's that simple. | But Nvidia can't do everything by itself. | What most people don't know is that it takes a village to create enough of the most powerful chips in the world. | Nvidia must rely on a small handful of publicly traded stocks. | What I call Nvidia's "Silent Partners." | Nvidia needs these companies throughout the chip production process. | These are under the radar companies very few people have heard of. | But they have one massive thing working in their favor. | In the background, they are critical to Nvidia's business. | And as Nvidia has emerged as AI's golden goose… | These firms have benefited greatly. | Some of the companies partnering with Nvidia have already seen big wins… | | Like ASML, whose shares have been up as much as 471% … | | And Applied Materials, whose stock has soared as much as 452% … | | There's also Super Micro Computer. Its stock has surged as much as 3,244%. | | And then there's Taiwan Semiconductor … | Nvidia's longtime partner has seen shares of its stock explode as much as 4,744%. | But here's the thing … | Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. | And it's enlisting a whole new set of partners. | The names of these companies are not well-known. Even the savviest of investors may not have heard of them. | But I have a list of Nvidia's new Silent Partners. | Click here to learn more. | Sincerely, | Eliza Lasky Weiss Research |
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