a man named Eric Schmidt, who used to be in charge of a big company called Google, said in a video that a company called Nvidia is really important for making computers smarter. He said that big companies will spend a lot of money on Nvidia's special computer parts. Nvidia's stock price went up after people heard what Eric Schmidt said. Read from source...

"Former Google CEO Eric Schmidt Highlights Nvidia As Major AI Player In Now Deleted Video: 'That's Not A Stock Recommendation'", published in Benzinga, by Ananya Gairola, Benzinga Staff Writer on August 15, 2024, although the video posted by Stanford University has been deleted. Eric Schmidt, former CEO of Alphabet Inc. And Chair of Google, highlighted Nvidia Corporation as a significant player in the AI market. Schmidt noted that large tech companies are planning substantial investments in Nvidia- based AI data centers, potentially costing up to $300 billion. Schmidt went on to suggest that Nvidia is currently leading the market. “If $300 billion is all going to Nvidia, you know what to do in the stock market,” he said, immediately adding, “That's not a stock recommendation.”

However, it should be noted that Eric Schmidt has since retracted his statement about Google and their work hours, saying, “I misspoke about Google and their work hours.”

The sentiment of the article titled `Former Google CEO Eric Schmidt Highlights Nvidia As Major AI Player In Now Deleted Video: 'That's Not A Stock Recommendation'` can be considered bullish. Eric Schmidt highlights Nvidia as a significant player in the AI market and suggests that investing in Nvidia could be profitable. He mentions that large tech companies are planning substantial investments in Nvidia-based AI data centers, potentially costing up to $300 billion. However, he immediately adds that this is not a stock recommendation.