Why Nvidia stock is still a must own

Mar 24, 2025

Vivek Arya, a seasoned semiconductor analyst from BofA, shares insights on Nvidia's current market struggles despite groundbreaking advancements in AI chips. He discusses CEO Jensen Huang's attempts to reshape narratives around demand amid competitive pressures from firms like DeepSeek. Arya also offers a vivid recap of the recent GTC conference and analyzes the implications of leadership changes at Intel. Furthermore, he delves into the burgeoning field of quantum computing and its potential impact on the semiconductor landscape.

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Intro

00:00 • 3min

Evolving Applications of Large Language Models

02:42 • 2min

Nvidia's Market Dynamics in AI

04:32 • 6min

Navigating Leadership Changes in Semiconductors

10:59 • 9min

The Quantum Computing Frontier

19:37 • 3min

Nvidia (NVDA) CEO Jensen Huang has had a month, as one would say. He provided more details on powerful new AI chips, such as Blackwell Ultra and Vera Rubin at its big annual GTC conference, chips that could help take civilization to a whole other level of productivity. At the same time, he moved to alter the narrative that DeepSeek's advances in AI equaled bad news for demand for Nvidia's chips. And to top it all off, he held a meeting with top quantum computing CEOs to make peace after sending the sector reeling earlier this year. Despite the flurry of headlines, Nvidia’s stock is still going in reverse. In fact, the stock has been lagging for the entire year. What gives? Yahoo Finance executive editor Brian Sozzi talks with BofA semiconductor analyst Vivek Arya about what’s weighing on Nvidia’s super hot stock, and why. Arya attended GTC and shares his firsthand account on what he learned on the ground. Arya is also fresh off upgrading shares of ailing chip-maker Intel (INTC) amid the appointment of a new CEO in Lip-Bu Tan. Sozzi and Arya discuss that big call and the state of the semiconductor industry.

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.

Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms

Vivek Arya disclosures for companies mentioned in episode:

Nvidia: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: Yes

Intel: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: Yes

Marvell: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: Yes

Broadcom: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: Yes

AMD: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: Yes

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