Nvidia's Huang Is 'Dunking' on Competition, Luria Says

Watch on YouTube ↗  |  May 21, 2026 at 15:38  |  12:29  |  Bloomberg Markets
Speakers
Gil Luria — Technology Strategist at D.A. Davidson
Joe Kaiser — Head of Content, Blockworks

Summary

Analysts discuss Nvidia's strong earnings and Jensen Huang's competitive dominance, while also evaluating the upcoming IPOs of SpaceX, OpenAI, and Anthropic. The conversation highlights the high valuations and growth trajectories of these companies, with Nvidia positioned as the core of the AI trade.

  • Nvidia beat high earnings expectations and CEO Jensen Huang highlighted competitive advantages over AMD, Broadcom, Intel, and Cerebras.
  • Gil Luria views Nvidia as the core of the AI trade with no competition in key segments.
  • SpaceX filed for IPO with a $2 trillion valuation target, while still losing money.
  • Joe Kaiser notes SpaceX's infrastructure launches and Elon Musk's track record support the valuation.
  • OpenAI and Anthropic are both preparing for IPOs, with Anthropic currently winning the race in code generation.
  • Gil Luria sees the IPO market hungry for growth, with these three companies offering massive total addressable markets.
  • The discussion contrasts Nvidia's 14.5x sales valuation with SpaceX's potential 80x sales multiple.
Trade Ideas
Gil Luria Technology Strategist at D.A. Davidson 0:45
NVIDIA is core AI trade
NVIDIA crushed earnings, has no competition in certain segments (dunking on AMD, Broadcom, Intel, Cerebras), and will continue to be the core of the AI trade with strong growth and dominant market position.
NVDA HIGH
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This Bloomberg Markets video, published May 21, 2026, features Gil Luria discussing NVDA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Gil Luria  · Tickers: NVDA