Offshore
Video
Startup Archive
NVIDIA CEO Jensen Huang shares his fish pond metaphor for thinking about market size
Jensen explains that the single purpose of NVIDIA is to build an AI platform that can be used anywhere, and he draws the distinction between “market makers” and “share takers”:
“Not one day does this company talk about market share. All we’re talking about is: How do we create the next thing? How do we take that flywheel that used to take a year and crank it down to a month?”
He continues:
“The only question is whether that mission is necessary. All great companies ought to have that at their core - it’s about what you are doing. Is it necessary? Is it valuable? Is it impactful? Does it help people? If you have a sole purpose and your purpose is meaningful and your mission is dear to you and dear to everybody else, then you can be transparent.”
Jensen cites NVIDIA sharing its roadmap with hyperscalers like Azure and AWS who are building their own ASIC chips. He doesn’t worry about market share. His only goal is to invent new markets, which he compares to fish ponds:
“Companies are limited by the size of the fish pond. A goldfish can only be so big. So the question is, what is our fish pond? And that requires a lot of imagination. It’s hard to figure that out looking backwards and trying to take share - ‘share takers’ can only be so big. But market makers can be quite large.”
This has been NVIDIA’s goal from the very beginning of the company when they created the 3D gaming PC market. And it’s rational - inventing new “fish ponds” is likely the only way for them to 10x their $3 trillion market cap.
Video source: @BG2Pod (2024)
tweet
NVIDIA CEO Jensen Huang shares his fish pond metaphor for thinking about market size
Jensen explains that the single purpose of NVIDIA is to build an AI platform that can be used anywhere, and he draws the distinction between “market makers” and “share takers”:
“Not one day does this company talk about market share. All we’re talking about is: How do we create the next thing? How do we take that flywheel that used to take a year and crank it down to a month?”
He continues:
“The only question is whether that mission is necessary. All great companies ought to have that at their core - it’s about what you are doing. Is it necessary? Is it valuable? Is it impactful? Does it help people? If you have a sole purpose and your purpose is meaningful and your mission is dear to you and dear to everybody else, then you can be transparent.”
Jensen cites NVIDIA sharing its roadmap with hyperscalers like Azure and AWS who are building their own ASIC chips. He doesn’t worry about market share. His only goal is to invent new markets, which he compares to fish ponds:
“Companies are limited by the size of the fish pond. A goldfish can only be so big. So the question is, what is our fish pond? And that requires a lot of imagination. It’s hard to figure that out looking backwards and trying to take share - ‘share takers’ can only be so big. But market makers can be quite large.”
This has been NVIDIA’s goal from the very beginning of the company when they created the 3D gaming PC market. And it’s rational - inventing new “fish ponds” is likely the only way for them to 10x their $3 trillion market cap.
Video source: @BG2Pod (2024)
tweet
Dimitry Nakhla | Babylon Capital®
Semiconductor Growth Est & Multiples 🧮
1) ASML Holding $ASML
• NTM P/E: 28.32x
• 2025 EPS Growth: 29.6%
• 2026 EPS Growth: 24.0%
• 2027 EPS Growth: 19.3%
2) NVDA $NVDA
• NTM P/E: 40.61x
• 2026 EPS Growth: 41.6%
• 2027 EPS Growth: 17.7%
• 2028 EPS Growth: 7.7%
3) Lam Research $LRCX
• NTM P/E: 20.35x
• 2025 EPS Growth: 18.1%
• 2026 EPS Growth: 23.0%
• 2027 EPS Growth: 12.8%
4) Applied Materials $AMAT
• NTM P/E: 20.05x
• 2025 EPS Growth: 13.7%
• 2026 EPS Growth: 11.6%
• 2027 EPS Growth: 10.4%
5) Taiwan Semiconductor $TSM
• NTM P/E: 23.53x
• 2025 EPS Growth: 24.1%
• 2026 EPS Growth: 16.2%
6) Advanced Micro Devices $AMD
• NTM P/E: 35.49x
• 2025 EPS Growth: 59.7%
• 2026 EPS Growth: 36.0%
• 2027 EPS Growth: 24.8%
7) KLA Corp $KLAC
• NTM P/E: 22.80x
• 2025 EPS Growth: 25.4%
• 2026 EPS Growth: 11.2%
• 2027 EPS Growth: 10.9%
#stocks #investing
*growth percentages are current estimates, subject to revisions & also keep in mind that the further out in time we go, the less accurate (for better or for worse) these estimates may be
*data from tikr
tweet
Semiconductor Growth Est & Multiples 🧮
1) ASML Holding $ASML
• NTM P/E: 28.32x
• 2025 EPS Growth: 29.6%
• 2026 EPS Growth: 24.0%
• 2027 EPS Growth: 19.3%
2) NVDA $NVDA
• NTM P/E: 40.61x
• 2026 EPS Growth: 41.6%
• 2027 EPS Growth: 17.7%
• 2028 EPS Growth: 7.7%
3) Lam Research $LRCX
• NTM P/E: 20.35x
• 2025 EPS Growth: 18.1%
• 2026 EPS Growth: 23.0%
• 2027 EPS Growth: 12.8%
4) Applied Materials $AMAT
• NTM P/E: 20.05x
• 2025 EPS Growth: 13.7%
• 2026 EPS Growth: 11.6%
• 2027 EPS Growth: 10.4%
5) Taiwan Semiconductor $TSM
• NTM P/E: 23.53x
• 2025 EPS Growth: 24.1%
• 2026 EPS Growth: 16.2%
6) Advanced Micro Devices $AMD
• NTM P/E: 35.49x
• 2025 EPS Growth: 59.7%
• 2026 EPS Growth: 36.0%
• 2027 EPS Growth: 24.8%
7) KLA Corp $KLAC
• NTM P/E: 22.80x
• 2025 EPS Growth: 25.4%
• 2026 EPS Growth: 11.2%
• 2027 EPS Growth: 10.9%
#stocks #investing
*growth percentages are current estimates, subject to revisions & also keep in mind that the further out in time we go, the less accurate (for better or for worse) these estimates may be
*data from tikr
tweet
Offshore
Photo
Dimitry Nakhla | Babylon Capital®
Moody’s $MCO Reports a Strong Q3 🎯
✅ Revenue: $1.81B vs $1.78B (est)
✅ Adjusted EPS: $3.21 vs $2.86 (est)
⬆️ FY Guidance
#stocks #investing https://t.co/D9cBzIm44J
tweet
Moody’s $MCO Reports a Strong Q3 🎯
✅ Revenue: $1.81B vs $1.78B (est)
✅ Adjusted EPS: $3.21 vs $2.86 (est)
⬆️ FY Guidance
#stocks #investing https://t.co/D9cBzIm44J
tweet
Dimitry Nakhla | Babylon Capital®
RT @morganhousel: The same people:
2010: "Don't buy stocks, they won't go up."
2024: "Don't buy stocks, they've gone up too much."
tweet
RT @morganhousel: The same people:
2010: "Don't buy stocks, they won't go up."
2024: "Don't buy stocks, they've gone up too much."
tweet
Offshore
Photo
Stock Analysis Compilation
Alphyn Capital Management on KKR & Co $KKR US
Thesis: KKR’s focus on infrastructure, credit, and real estate, combined with strong capital markets activity, positions the firm for continued growth and M&A-driven gains
(Extract from their Q3 letter) https://t.co/tvi1FnXWtE
tweet
Alphyn Capital Management on KKR & Co $KKR US
Thesis: KKR’s focus on infrastructure, credit, and real estate, combined with strong capital markets activity, positions the firm for continued growth and M&A-driven gains
(Extract from their Q3 letter) https://t.co/tvi1FnXWtE
tweet
Offshore
Photo
Quiver Quantitative
BREAKING: Marjorie Taylor Greene just made almost a dozen stock trades.
She bought up to $15K of stock in Tesla, $TSLA.
Full trade list up on Quiver: https://t.co/g1mcb8ckDo
tweet
BREAKING: Marjorie Taylor Greene just made almost a dozen stock trades.
She bought up to $15K of stock in Tesla, $TSLA.
Full trade list up on Quiver: https://t.co/g1mcb8ckDo
tweet
Offshore
Photo
Quiver Quantitative
🚨 UPDATE
Last month, we posted a report on a trade by a US Representative that stood out to us.
The stock has been rising constantly since then.
It is now up over 51% since the trade: https://t.co/oXwgmXd8X4
tweet
🚨 UPDATE
Last month, we posted a report on a trade by a US Representative that stood out to us.
The stock has been rising constantly since then.
It is now up over 51% since the trade: https://t.co/oXwgmXd8X4
tweet
Offshore
Photo
App Economy Insights
$NFLX Netflix hit 283M subscribers in Q3.
Despite the Hollywood strikes. 🪧
📊 How did they do it?
🔮 What's next in 2025?
📢 Can ads be a game changer? 👇
https://t.co/YETWOcp3T1
tweet
$NFLX Netflix hit 283M subscribers in Q3.
Despite the Hollywood strikes. 🪧
📊 How did they do it?
🔮 What's next in 2025?
📢 Can ads be a game changer? 👇
https://t.co/YETWOcp3T1
tweet
Offshore
Photo
Stock Analysis Compilation
Black Bear VP on Builders FirstSource $BLDR US
Thesis: BLDR has been capitalizing on its shift to value-added products, using strong free cash flow to repurchase stock, while positioned for long-term growth in the residential construction market.
(Extract from their Q3 letter) https://t.co/Fuztf5Uc8Z
tweet
Black Bear VP on Builders FirstSource $BLDR US
Thesis: BLDR has been capitalizing on its shift to value-added products, using strong free cash flow to repurchase stock, while positioned for long-term growth in the residential construction market.
(Extract from their Q3 letter) https://t.co/Fuztf5Uc8Z
tweet