We recently published 10 News to Watch as Investors Hunt for Top AI Stocks Amid Fed Rate Cuts. NVIDIA Corp (NASDAQ:NVDA) is one of the best AI stocks amid a Fed rate cut.
Gene Munster, managing partner of Deepwater Asset Management, recently spoke about NVIDIA Corp’s (NASDAQ: NVDA) CEO Jensen Huang’s latest interview on CNBC and said he was encouraged by the executive’s comments on the demand and opportunities for AI. Responding to a question about concerns over debt and new deals in AI, Munster said companies have no shortage of organic capital and investors still believe in the core of AI growth.
“I feel like we’re not short of organic capital. I think, yeah, this debt is something new. But just to give an idea, at Deep Water we invest in both public and private companies and recently invested in this OpenAI tender offer. It was incredibly challenging – the amount of demand probably exceeded the supply by a factor of 2. endorsement that Jensen gave to Elon in the interview, and they’re going to be able to increase. I think the capital is finally here.
Nvidia owns about 90% of the GPU market, which is expected to reach $3-4 trillion by 2030, according to Jensen Huang. McKinsey projects that data center capital spending will reach $6.7 trillion with no slowdown in sight in the near term. Nvidia’s next-generation Rubin series of GPUs will arrive in 2026, and the company also has a software advantage in AI computing with its CUDA platform, which is now the de facto standard for AI programming.
Nvidia’s Hopper infrastructure and now Blackwell form the core AI infrastructure for LLM training and inference. But Nvidia’s growth is slowing compared to previous quarters due to competition and capex spending limitations from larger companies. In the recently reported quarter, Nvidia’s annual revenue growth was 56%, compared to nearly 100% annual growth in the past.
Mar Vista US Quality Premier Strategy stated the following regarding NVIDIA Corporation (NASDAQ: NVDA) in its report Letter to investors for the third quarter of 2025:
« NVIDIA Company (NASDAQ: NVDA) continues to benefit from the development of AI infrastructure as large-scale technology companies turn to artificial general intelligence. Demand for the company’s next-generation Blackwell platform remains strong, driven by the increasing complexity of large language models and the rise of reasoning-based applications. As CEO Jensen Huang pointed out, reasoning tasks can require up to ten times more computing power than training a large conventional language model. While the AI market is still in the early stages of a multi-year investment cycle, NVIDIA is well-positioned to generate substantial value as the industry standard in accelerated computing.
