On May 31, Leo Lo, Managing Director of CHFT, was interviewed by TVB Jade’s financial programme “Wealth 360”, sharing his comments on Nvidia’s record high share price recently. On May 25, Nvidia’s share price soared 24.4%, increasing the market value of this chip manufacturer by nearly a third, closing at nearly US$1 trillion, basically in line with Apple, Google and Alphabet. Leo analyzed the three stories behind Nvidia:
• Nvidia had almost gone bankrupt
• Nvidia’s market value had only maintained about US$1 billion for many years
• Nvidia exited the smartphone chip market
For details, please watch (44’09”): https://bit.ly/3JzVK6Y
