When questioned about the potential for long-term development in the hardware and semiconductor industries, Jain cited the growth issues in Europe and Asia as the reason why the semiconductor industry is especially promising.
Rajiv Jain, Chairman and CIO of GQG Partners, told Bloomberg that NVIDIA is still one of the most interesting stories in the computer industry, with good fundamentals, robust demand, and respectable capex figures notwithstanding hyper scaler activity.
Jain emphasized the robustness of NVIDIA’s fundamentals, pointing out that the company’s key competencies are unaffected by hyperscalers’ erratic capital expenditure statistics.
See Also | Rajiv Jain’s GQG predicts a 150% increase in its $10 billion investment in Adani equities.
In response to a question on the long-term development prospects for semiconductors and hardware, Jain mentioned the growth problems facing Asia and Europe, which makes semiconductors a particularly interesting industry.
GQG, owned by Rajiv Jain, has seen its stake in Adani equities increase by 150% to $10 billion.
In response to a question on the long-term development prospects for semiconductors and hardware, Jain mentioned the growth problems facing Asia and Europe, which makes semiconductors a particularly interesting industry.
Jain has also shown interest in US utilities, which he thinks are cheap right now.
