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Steve Cohen says AI will be decadeslong theme


Steve Cohen, President and CEO of the Point72, talking to CNBC on 3 April of 2024.

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Miami Beach, Fla. – Investor in Miaonire Stuge Once a long-term turns to Turn Mova recently, giving transfer processing to accomplish.

“This is a 10-to 20-year theme. Affects everyone in their life, how to do their business, covering the conference of the jlobal” of something, that will be processed for the economy and The world … so dramatic, important you are ignoring, I believe it is a mistake. “

The comment from the President and Hedge CEO Point72 HEDGE has come the young Chinese ai startup sparkseek has disappeared a Rout In the US Monday Technology Stocks. The highly professional models seemed seemingly from a fraction of the cost that shakes the AI’s investment confidence The hype around nvidia chips. I am

Cohen, that

“It is to be episodic. He will not go in a straight line. It will be individual, and then will be naive,” Cohen said. “And there will be moments when people doubt that yesterday. They are a lot of these stocks that maybe they know what they know they have to own some titles ai. And so get a lot of misinformation.”

Nvidia, the largest chief is far away, seeing tank 17% on Monday, or almost $ 600 billion in market value, the greater drop of a day in value for a US company. The MegApap’s name has refunded almost 10% Tuesday.

Cohen also told him that his firm waits to collect $ 1.5 billion for his new Hedge Former to capitalize the boom.

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