Chris Caso, a senior analyst at Wolfe Research, recently stated on CNBC that” the AI room and taxes in particular are… the best places to hide right now.”
More of Caso’s NVDA responses
Nvidia’s assessment is attractive, and Caso claimed that the tech giant’s decision to make its forthcoming chips at Taiwan Semi’s ( TSM) factories in Arizona “is real,” given that the services are able to produce those electronics.
The NVDA plan to build some of its AI machines in the United States “makes absolutely impression.” Caso explained that given these high profit margins, NVDA won’t suffer as much as the additional costs of manufacturing them in America.
Moreover, the analyst suggested that NVDA may avoid tariffs by manufacturing a part of its goods in Mexico.
Caso’s Perspective on the Effect of Taxes on the Device Business
According to Caso, tariffs on customer electronic goods had significantly reduced the demand for chips. Because Chinese manufacturers put a lot of chips into buyer digital products, he claimed,” the tariffs on the chips would be less of a issue.”
Although we acknowledge NVDA’s possible, we are more convinced that AI companies have a greater chance of delivering higher returns and doing so more quickly. Since the beginning of 2025, there has been an increase in an AI property, while well-known AI companies have experienced a decline of about 25 %. Check out our report about this cheapest AI property if you’re looking for one that is more appealing than NVDA but trades at less than 5 times its profits.
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