Light Street's Glen Kacher: Nvidia looks really tasty

Glen Kacher, Light Street Capital founder, joins 'Closing Bell' to discuss the sustainability of the AI rally and outlook for the technology.

[@marcelorachevsky8944]

Nice! 2 years rally!

[@michelep9477]

this is not sustainable

[@DilankaJayaweera-f9p]

What are you on about? Blowout earnings and multiples cheaper than it was a year ago, yeah of course the growth may not be sustainable in the long term but there's no sign of it crashing to a halt in the short term.

[@michelep9477]

@@DilankaJayaweera-f9p This is exactly what was happening to Cisco in 2000. When all of the major companies build out this generation of infrastructure, what then? Or what about those same Trillion plus dollar companies building their own chips? I didn't say its going to zero but it will get a reality check and retail is going to get wrecked, yet again

[@durkdiggler4346]

@@michelep9477 I think you're mistaken maybe a slight pullback but Nvidia is the clear leader in the industry

[@MadhavSharma-xj5hi]

​@michelep9477 if you're saying the world won't keep blindly buying chips, from Big tech to sovereign governments. Yes, it's 100% correct this isn't sustainable. Eventually people will start to have all the GPUs that they need.

[@user-kg1od9es5d]

@@michelep9477 The market is stupid. Dont try to reason with the market. Just follow the market.. then sell at the right time. Remember dont try to reason.. just do the right thing.