The Nvidia Killer
Nvidia Corp. (NVDA) continues to be one of the hottest stocks on Wall Street…
But its reign will soon come to an end.
In fact, an entire coalition is working to overcome Nvidia’s artificial intelligence (AI) edge.
Our team is closely tracking this story… and has identified some of the leading names in the quest to take down NVDA.
I’ll give you all the details in a minute.
First, though, let’s look at our Top Stories and the Reader Forum.
Your Top Stories & Analysis of the Week:
- “James Altucher’s 2024 Second Half Playbook” (James Altucher & Doug Hill): On Thursday, Paradigm Press and James Altucher hosted a special event: a live giveaway where every minute was worth $1,000. James didn’t disappoint — delivering his boldest predictions for the latter half of 2024… including four recommendations for the biggest profit-making opportunities for the rest of the year. So even if you couldn’t make the event, as the giveaway was live, you can still access James’s 2024 roadmap for a limited time!
- “The Price of Empire” (Rude Awakening, Sean Ring): The House’s $95 billion foreign aid package sends $61 billion to Ukraine. Now Sean walks you through the behind-the-scenes maneuvering that allowed this bill to sail through Congress. From CIA briefings that left a "lasting impression" on recently elected House Speaker Mike Johnson, to allegations of rampant blackmail against congressional leaders, Sean exposes the forces driving America's priorities abroad at the expense of citizens at home.
- “No Way to Run an Economy” (Jim Rickards’ Strategic Intelligence, Jim Rickards): Last week Wall Street learned what Jim has been warning about all along: U.S. GDP is weakening while inflation is rising. So Jim recently told his Strategic Intelligence members why the Fed’s actions aren’t having their desired effects… and what that means to the markets going forward. With the Fed set to meet this week, I figured you should understand what Fed Chairman Powell is doing wrong. So I’ve unlocked Jim’s analysis for you.
Remember, we publish tens to HUNDREDS of stories. The write-ups and presentations above are our TOP ones for the week — including one that had been roped off from the public. If you want to stay ahead of the pack, make sure you’re caught up now.
And if you’d like to nominate any of our stories for next week’s “Top 3,” just let me know at concierge@paradigmpressgroup.com.
The Reader Forum:
One of our top stories from last week was James Altucher’s Zoom broadcast, which received a ton of rave reviews.
Joy P. gushed:
I’m overwhelmed with gratitude, overjoyed at the opportunity to be a part of this group of phenomenal greatness here today — and everyone at Paradigm Press taking time out of their day to host this live informative event. To everyone — Matt, moderators, Doug, James and your team — thank you profusely!
Thank you very much, Joy, for your kind words and gratitude. As you noted, this was completely a team effort… and everyone worked hard to make sure things went without a hitch!
Matt, James, and Doug have already viewed this, but I'm excited to share it with the rest of our Paradigm family!
Next up, Dennis L. left a five-star Google review to say:
These guys are at the top of their game! A mix of investments and expert-looks at economic and world events that affect you and your wealth. If you aren't connected to Paradigm, you are missing out!
Wow, that's quite the compliment, Dennis. And thank you for the 5 stars! While I’m quite proud of the cutting-edge insights and strategies our world-class team provides, our real strength comes from members like you.
By sharing your experiences, you’re helping to convince more people to join our network. And the more like-minded members we add, the better our entire business will be for everyone!
I look forward to sharing your words with our entire team.
Of course, this is a business… and in the end, we need to keep the lights on. Sometimes that rubs people the wrong way.
For instance, William H. tells us:
Every time you launch a new subscription service, you are keeping recommendations I believe you should be giving to your existing members. Once we join a service is there a way you don't abandon us existing members while still growing new membership?
I’m glad you said something, William… but we never abandon our members! No matter which paid service you join, you’re always entitled to new analysis, research, recommendations and updates.
Just keep in mind, not every investment is appropriate for everyone. So we build separate services around specific strategies, time frames, risk tolerances and more.
That way, people have to “opt-in” to the research and analysis they want. It makes it easier for members to get the strategies they want… while helping prevent others from making trades they’re completely unprepared for.
And, yes, we’re constantly uncovering new ways to help people make money — which can lead to brand-new services. That doesn’t mean we forget about members of our other services.
Our team will continue to help you take maximum advantage of the strategy you chose when you joined us!
That wraps up this week’s Reader Forum.
Remember, your feedback is vital to our success… so please email me at concierge@paradigmpressgroup.com.
Questions? I’ll get answers! Comments? Let me hear them! Problems? I’ll try to solve them!
This is YOUR forum!
(And don’t forget, we also have a FREE library of introductory investment guides on our Wealth Desk. For customer service issues, please use our contact page.)
Now, here’s what’s happening around the water cooler this week…
The Water Cooler — Upcoming Events and More
Nvidia has been the darling of Wall Street’s AI boom — up a stunning 216% in the past year alone.
Now the stock is surging again, thanks to Facebook, Google and others announcing even more AI spending.
The reason Nvidia dominates AI is because of InfiniBand, its ultra-fast data transfer system that’s essentially what makes AI possible.
Nvidia got the technology by buying out a company called Mellanox in 2019.
“Brilliant, brilliant acquisition,” our Ray Blanco tells us.
However, Ray also says there’s a new networking system on the horizon — one that’s set to be just as fast, if not faster, than InfiniBand.
It’s called Ultra Ethernet… and Nvidia has nothing to do with it!
Instead, the tech is being developed by the Ultra Ethernet Consortium (UEC), made up of over 50 tech companies.
The roster includes tech giants like Microsoft Inc. (MSFT), Advanced Micro Devices Inc. (AMD), Cisco Systems Inc. (CSCO) — as well as many smaller names in the business.
“An initial version of the new superfast standard is expected in the fourth quarter of this year,” Ray tells us.
Once it’s launched, Nvidia’s near-monopoly on ultra-fast networking will end. Companies will suddenly have more choices when it comes to artificial intelligence applications.
Our team still believes Intel Corp. (INTC) is the underdog to root for in this space.
Not only is the company part of the UEC, but it’s also still on track to create the world’s most advanced microchips.
In fact, Microsoft has already placed an order to buy them for a very ambitious AI project.
“It will be huge,” Ray says, “and will dwarf anything Microsoft — already a builder of massive data centers— has ever built before.”
The chips won’t be ready for a while, however, and impatient investors have pushed Intel’s shares lower.
That could change once Ultra Ethernet is running — waking Wall Street up to what it means for Intel.
As Ray puts it, “Nvidia is going to be left out in the cold.”