news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

since artificial intelligence (ai) became popular, nvidia has become a "hot commodity" in the investment community. thanks to its excellent ai chip products, its stock price has soared, and its market value has once exceeded 3 trillion us dollars.

however, according to a recent asset allocation report released by tiger 21,more than half of the organization's members do not invest in nvidia.

tiger 21 is a super-rich investor club in the united states that brings together ultra-high net worth investors and entrepreneurs.

stay away from nvidia

the organization’s second quarter asset allocation report shows that57% of members have no investment in chip darling nvidia, and most of those who chose to stay away from the stock said they had no plans to take a position in the company at all.

michael sonnenfeldt, chairman of the tiger 21 super-rich club, said: "while nvidia is currently the undisputed leader in the field of artificial intelligence,no company's growth will last forever, and competitors will often catch up.this led to a readjustment of the market structure.”

it is understood that the organization was founded by sonnenfeldt in 1999, and members share advice with each other on wealth preservation, investment and philanthropy. tiger 21 has 123 chapters in 53 markets. the organization has more than 1,450 members. according to data provided by sonnenfeldt, the total personal assets of its members exceed us$165 billion.

even among the 43% of members who have invested in nvidia, most do not plan to increase their holdings of the stock, fearing it has risen too high, the report said.

these concerns appear to be well-founded. on tuesday, eastern time, nvidia's stock price plummeted 9.53%, and its market value "evaporated" by about $279 billion (about 1.99 trillion yuan) in a single day, setting a new record for the u.s. stock market. at the same time, there was a general sell-off in the u.s. market.

among the members surveyed,a significant percentage of investors expect that nvidia's success will not continue over the next decade.

sonnenfeldt said some members choose to avoid tech stocks entirely and do not have nvidia shares in their portfolios, preferring real estate or other sectors.

"for our members, it's due to the nature of tech investing today," he said. "tiger 21 members have witnessed the rise of tesla, but now almost every major automaker produces electric vehicles. so while nvidia is still the leader today, some tiger 21 members believe it's only a matter of time before competitors catch up."

sonnenfeldt also said the club's members are more concerned with preserving their wealth than pursuing high returns.

“despite its impressive growth, they may steer clear of nvidia due to its volatility and the risks associated with tech investing,” he added.

optimistic about the overall ai industry

sonnenfeldt is optimistic about the broader ai industry, though. he said, “the potential of ai appears to be one of the most investable themes in the history of finance.”

according to the report, the majority of its members’ allocations are in private equity, at 28%, while listed stocks make up 22% of their asset allocations. despite high interest rates, real estate still accounts for 26% of members’ portfolios.