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BiyaPay Analyst: Ray Huang Criticizes Staff, NVIDIA Goes All-In on 'AIization', Wall Street Funds See AI as a Bigger Opportunity Than Crypto
BlockBeats News, November 28th: After NVIDIA announced record-breaking financial results, Jensen Huang promoted "AI transformation" during an all-hands meeting, urging that "all tasks that can be automated should be handed over to AI." He rebuked managers who asked employees to "use AI less," saying, "Are you crazy?" He emphasized that the company will not downsize due to AI, but instead is still actively hiring thousands of people globally and fully embracing the AI wave.
Backed by strong performance and narrative, some Wall Street funds have further increased their positions in AI computing power and AI-related assets. Compared to the more volatile cryptocurrency assets, AI is now seen as a more certain long-term growth direction. BiyaPay analysts believe that this shift in investment preference may accelerate sector rotation. Investors can trade US stocks, Hong Kong stocks, and futures in BiyaPay using USDT, while also enjoying zero transaction fees for digital currency spot contracts in the same wallet, allowing for flexible allocation between AI concept stocks and cryptocurrency assets.
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