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Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says

  • Softbank CEO, Masayoshi Son, believes that Nvidia stock is undervalued despite its huge valuation.
  • Son predicts that the chip business of Nvidia will greatly benefit from the increased spending on artificial intelligence (AI) over the next decade.
  • He envisions artificial superintelligence by 2035, which would require approximately $9 trillion in spending.
  • Son regrets selling Softbank's 4.9% stake in Nvidia in 2019, as it would be worth over $160 billion today.

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