An Exclusive Interview with Jensen Huang on Nvidia’s AI Future | Open Interest 8/31/2026
Спикеры
Rick Tsai
— CEO, MediaTek
Jensen Huang
— Генеральный директор, NVIDIA
Mary Ann Bartels
— Главный инвестиционный стратег, Sanctuary Wealth
David Park
— CEO, Standard Lithium
Bailey Lipschultz
— Репортер, Bloomberg
George Colony
— Founder and CEO, Forrester Research
Ed Ludlow
— Соведущий, Bloomberg Technology
Chris Peterson
— Executive Vice President and Chief Financial Officer, Ulta Beauty, Inc.
Timna Tanners
— Equity Research Analyst, Wells Fargo
Michael McKenzie
— Bloomberg Reporter
Tyler Kendall
— Мультимедийный редактор, Bloomberg
Hema
— Bloomberg Market Reporter
Nvidia announced a $3.5 billion partnership deepening ties with MediaTek to integrate custom XPUs, networking and AI factory platforms, with both CEOs framing the deal as a way to extend Nvidia's AI ecosystem. The broader equity discussion focused on S&P 500 earnings power, inflation, Fed policy and oil's spike above $90 from US-Iran escalation. Guests also covered domestic lithium via Standard Lithium's LG Energy deal, Newell Brands' AI-driven turnaround, and metals views favoring aluminum and high-quality steel names over broad steel upside.
- Nvidia and MediaTek detail their expanded AI chip, networking and AI factory partnership.
- Jensen Huang argues the deal is not circular financing and expects strong returns from the MediaTek investment.
- Mary Ann Bartels sees the S&P 500 making higher highs on earnings and favors gold and silver.
- Standard Lithium secures a 10-year LG Energy supply deal, derisking its Arkansas project.
- George Colony warns Nvidia's monopoly may fade and calls Anthropic's expected IPO valuation overvalued.
- Newell Brands reports a return to sales growth with AI cutting digital content costs 80%.
- Timna Tanners sees limited steel upside but likes Nucor and Steel Dynamics, and is bullish on aluminum.
- Oil climbs above $90 as US-Iran strikes escalate, while Treasury yields rise on inflation fears.
Идеи
MediaTek AI chip growth accelerates.
Nvidia is making a $3.5 billion convertible bond investment in MediaTek to formalize a decade-long partnership across edge AI, PC chips, AI factories, networking and robotics; he says MediaTek is already the world's best SoC maker and profitable, and expects this to be a phenomenal investment generating incredible returns.
Nvidia AI factory footprint keeps growing.
Nvidia's GPU-based architecture is the most fungible, durable and rentable compute infrastructure across the entire AI lifecycle, with the largest footprint in every cloud; the MediaTek XPU integration makes Nvidia's switches, networking, CPUs and custom HBM easier to attach, so Nvidia's AI factory opportunity continues to grow even as custom silicon enters the market.
S&P 500 makes higher highs.
Earnings remain the main driver and corporate earnings estimates continue rising across breadth; strong economy and earnings power should push the S&P 500 to higher highs by year-end, with year-end target 8225 despite pullbacks.
Gold and silver strengthen.
Precious metals are seeing a return to price strength in gold and silver, and the commodity complex is doing well; early-phase inflation supports commodities and gold specifically as a portfolio diversifier.
LG deal derisks Standard Lithium.
The 10-year LG Energy Solution offtake for 8,000 tons/year from the Arkansas project moves Standard Lithium to about 90% of its targeted contracted volumes, derisks financing and supports a final investment decision by fall; US lithium supply chain is critical because China controls 70% of lithium chemicals.
Lithium demand tied to AI/EVs.
Battery energy storage demand is seeing tailwinds from electricity supply for AI data centers, EVs, drones and robotics; domestically controlled lithium supply is essential for energy and AI dominance as China can weaponize its market position.
Shein IPO priced too rich.
The Shein IPO is priced comparably to Zara but carries much more uncertainty; the market is baking in a growth story that has not played out, and there is uncertainty around the company's ambitions and ability to grow organically.
Anthropic IPO valuation overvalued.
Large language model companies lack the strong monopolies that defend trillion-dollar market caps; switching costs are low and barriers to entry are low, so Anthropic's expected trillion-dollar IPO valuation is overvalued and hard to defend.
Newell turnaround and AI productivity working.
Newell's turnaround is working: it delivered first quarter of core sales growth since Covid, grew US core sales 5%, gained market share across five of six business units, and AI reduced digital content creation cost by 80% while productivity savings offset inflation.
Steel rally hard to extend.
Steel equities have doubled and steel prices are high enough to attract imports despite 50% tariffs; with seasonality, imports and new domestic capacity coming, it is hard to argue for much more upside from here.
Nucor and Steel Dynamics resilient.
When steel prices retreat, highest-quality names hold up better; Nucor and Steel Dynamics have more resilience and also an interesting free cash flow inflection into 2027 as large capital expenditure years roll off.
Aluminum prices stay stronger longer.
Aluminum prices will be stronger for longer because aluminum is about 30% electricity and higher energy/input costs keep prices elevated; the aluminum market also offers better stock opportunities than steel.
Далее
This Bloomberg Markets video, published August 31, 2026, features Rick Tsai, Jensen Huang, Mary Ann Bartels, David Park, Bailey Lipschultz, George Colony, Chris Peterson, Timna Tanners discussing 2454.TW, NVDA, SPY, GLD, SILVER, Standard Lithium, LITHIUM, Shein IPO, Anthropic IPO, NWL, SLX, STLD, NUE, Aluminum. 12 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Rick Tsai, Jensen Huang, Mary Ann Bartels, David Park, Bailey Lipschultz, George Colony, Chris Peterson, Timna Tanners · Tickers: 2454.TW, NVDA, SPY, GLD, SILVER, Standard Lithium, LITHIUM, Shein IPO, Anthropic IPO, NWL, SLX, STLD, NUE, Aluminum