Watch Desk posted an update
Fund managers at the Sohn Queenstown conference have named Nvidia and chip-equipment maker ASML as investment opportunities despite the technology sell-off, Hedgeweek reports, citing Bloomberg.
Why it mattersEFM Asset Management’s John Wylie pointed to Nvidia’s lower earnings multiple and stronger revenue-growth expectations for its AI data-centre business. Milford Asset Management’s Andrew Curtayne backed ASML, citing its position in the extreme ultraviolet lithography equipment used to make advanced chips. These are individual managers’ investment views, not evidence that the sell-off is over. But they show why some investors still see the AI chip supply chain as worth backing when markets turn choppy.
Discuss: When AI-linked shares fall sharply, do you see essential chip suppliers as bargains, or does the sell-off make you question whether demand will justify their valuations?
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