As the global technology industry continues to evolve, we seem to be at the beginning of a far-reaching new technology business cycle. Against this backdrop, Jonathan Curtis, Chief Investment Officer of Franklin Asset Group and Chief Portfolio Manager of Franklin Technology**, reveals new investment opportunities in the new wave of technology with his unique insights and more than 30 years of experience in the technology industry.
Curtis, an investment professional who worked as a software development and test engineer in Silicon Valley, has been picking high-quality technology stocks for Franklin Technology since 2008. His vision has led to a return of more than 54% for Franklin Technologies (listed in Luxembourg) in 2023, a result that is largely due to his heavy bet on the "Big Seven".
Among them, chipmaker Nvidia (NVIDIA) is one of Curtis's most promising companies. According to Tianyancha data, NVIDIA, as the world's leading graphics processing unit (GPU) manufacturer, not only occupies an important position in the PC game market, but also has a wide range of applications in artificial intelligence, deep learning and other fields. Nvidia's stock price is up 25% so far in 2024, which not only reflects the market's recognition of Nvidia's technical strength, but also indicates the huge potential of the AI and chip industry in the future.
Curtis's optimism about AI is one of the big factors driving his bullishness on Nvidia and its industry. He believes that with the continuous development and popularization of artificial intelligence technology, from autonomous driving to medical diagnosis, from smart home to cloud computing, all fields will usher in revolutionary changes. As the core supplier of AI computing, NVIDIA's GPU has irreplaceable advantages in deep learning, image processing and other fields, so its stock price and industry prospects are expected to be further in the future.
In a conversation with Barron's, Curtis also shared his thoughts on other tech stocks and his thoughts on future tech trends. He stressed that in the new technology business cycle, investors need to focus on companies with innovative capabilities and market potential, especially in key areas such as artificial intelligence, cloud computing, semiconductors, etc.
Curtis's insights reveal new investment opportunities in the new wave of technology. With the continuous breakthrough of AI and chip technology, we have reason to believe that the technology industry will be more prosperous in the future, and leading companies like NVIDIA will play a more important role in the new round of technology business cycle.
Data support: Tianyancha).