“Nvidia today trades 20 times revenue, it's trading 24 times earnings. People talk about the bubble, but this isn't what bubbles are made of. As far as I can tell, the world's going to have a compute shortage for the next three or four years. I don't think anything yesterday [DeepSeek] changed that.”
Founder, Chairman and CEO of Altimeter Capital; co-host of the BG2 podcast
Said Jan 28, 2025Deadline Dec 31, 2028CNBC Halftime Report, January 28, 2025 (reported by Insider Monkey via Yahoo Finance, February 2, 2025)
Horizon runs through roughly the end of 2028; through 2026 AI compute has remained supply-constrained (hyperscaler capex guidance rising, chip and memory shortages), but the full three-to-four-year window is not yet complete.