00:00 Speaker a
Well, we see a big move with Big Technology, where Nvidia hit another record today. Additionally, we would like to bring in Dave Mozza, CEO of Round Hill Investments. Dave, I'm happy to meet you. Dave, let's start with nvidia. Well, that's a name you know well. What are you looking at Dave, Dave and Jensen Fan's company, what are you making about moving away from April Law?
00:42 Dave Mozza
Yes, look, Nvidia shows leadership through this market gathering. And one reason for this is that there is a lot of resilience in AI trading. I think the deep Sheikh news that happened before the day of release was sold clearly has brought investors a lot of skittishness, as you know, about the durability of that trade and, in fact, the durability that companies like Nvidia can continue their strength through it. Well, what we saw is that Nvidia actually navigates this environment well. Certainly, the question about China's market share is that they are likely to continue losing. But now with the introduction of sovereign AI trading, I think Nvidia shows that they are asking for it rather than relying on data centers, US hyperschools, and even important countries like China.
02:07 Speaker a
I would also like to talk about this new ETF, including Dave, Nvidia. And listen to the robots we know, it's not a new investment theme. It has been around for a while. So why are you launching this product now, Dave?
02:43 Dave Mozza
Yes, that's interesting. Nvidia is actually the second largest Holding UH in its portfolio. They aren't making robots, but in reality, jets and AI UH are extremely important for the growth of humanoid robotics. But what answers your point in particular about the reason for now is that we are seeing a convergence of a trend that we truly believe will benefit robots, especially humanoid robotics. And one is for this continuous labor shortage, especially what is called 3DS work. Well, it's a boring job, it's a dirty job, it's a dangerous job. Well, these are functions. The boring job is the repetitive work storage shelf. We know that humanoid robots can do their job of that nature. Of course, dangerous work, UM is beneficial to do it in contrast to humans. Well, filthy work, cleaning up sludge and its nature. Well, because of the power of AI, the cost of computing and the cost of those functions, it's time to see the potential for humanoid robots to explode. Also, this idea of AI UH with embedded intelligence has come, and is happening now in humanoid robotics. So I really think this is the next wave of AI growth.
