Investment Q&A

Q: Hi,
I'm looking at a clip from the Kobeissi Letter which reads as follows:

BREAKING: Nvidia, $NVDA, and AMD, $AMD, have reportedly agreed to give the US government 15% of their revenues from chip sales in China.

This is being described as an "unusual agreement" with Trump in order to obtain export licenses for the chips.

2025-08-10, 1:56 PM

Having done some quick math, I am thinking this could amount to as much as 2.5 billion based on the value they sold to China last year. If that's correct, then is it possible 2.5 billion amounts to just over 4% of 2024 revenue for NVDA?

These seem like very large numbers to me, but I have to ask whether or not you feel this could be material to NVDA or not?

Of course this tidbit happened to be published on Sunday afternoon, which seems to be the usual time Trump decides to find yet another monkey wrench to hurl at the US economy. I also wonder about the 'unusual arrangement' comment, as that same thing was mentioned in the deal that allowed Japan to purchase US Steel, was it not?

Any thoughts you have to offer would be most welcome.

Thanks!

Q: A lead article in the NYT this morning stated that NVDA and AMD are expected to pay 15% of the money they take in from selling AI chips to China. It appears to be the price they must pay to do business with China. There is some concern about security issues. I would appreciate your take on this news,

Q: Hi,
I'd love to hear your thoughts on how you think CRWV will fair on next weeks earnings. A lot of analysts seem to have it on 'hold' and I'm not sure that's just due to earnings being close, or lack of confidence in the stock.
Many thanks for all you're insight!

Q: Your current view on Astera Labs please following this recent quarter.

Q: Your thoughts on the quarter? The share price seems to be rocketing today.

Q: Hi 5i
Sezl down 43% this morning...How would you view sezl going forward ...would you continue to hold is and is this just part of the volatility risk?

Just to be clear regarding your answer to michaels question regarding TTDs massive decline this morning....you say "we would not HOLD"..... ie so you mean you would be sellers?
thx

Q: Remote Driving Cars. Are they the new Apple iPhone or a dud?

What company's would be the pick & shovel company's to invest in.

Is something else the new Apple iPhone?

Thank you.

Q: I read an opinion piece in the Globe & Mail on July 25/25 titled "A billion-dollar bet on artificial intelligence is about to hit reality." The gist of the article was that companies are pouring billions of $'s into AI on the premise that it will "lift global GDP by trillions, create entirely new industries and transform how we work." That is to say, the underlying bet is that machines will eventually deliver what humans can’t: scale, speed and 24/7 output. The author believes that while there will be some benefit from AI, it will not be as big as people believe. He says, user results to date remain mixed. More than 80 per cent of businesses using AI technology are not yet seeing significant earnings gains, and most (new) AI deployments have a failure rate of up to 80 per cent. Yet, the spending keeps increasing even though results underwhelm. An MIT economist and Nobel Laureate Daron Acemoglu estimates AI may lift U.S. GDP by a mere 1.1 per cent to 1.6 per cent over a decade, translating to annual productivity gains of 0.05% (nowhere near the level implied by current valuations). If this opinion turns out to be true, I'm wondering if the (tech) market is setting itself up for a massive fall or correction down the road (not unlike the dot com bubble burst of 2000). I'm curious as to what 5i's view is?

Q: I want to protect my gains and I want also to continue to be invested in this company. What kind of simple strategy you would suggest. To be clearest as possible, can you use the true digits of this company. It happen to me some times to buy call options in the past but I am far being an expert in options strategies.

Thank you very much in advance

Q: I hold LLY shares. Following the announcement of weight loss trial results, the stock declined approximately 14%, despite an improved 2025 outlook after a positive Q2 report. My current position is down 20%, and this investment makes up 5% of my portfolio.

Is this an appropriate time to consider increasing my position? Alternatively, are there other securities that you would prefer ? I would like to take advantage of the Trump turmoil. I am overweight technology.

Thank you kindly. Very appreciative of your comments.

Elaine

Q: Can you comment on the drop in Eli Lilly? Is this stock worth holding, or are there better names in the sector? Thanks.

Q: Is there an opportunity to take advantage of the recent pullbacks in cybersecurity stocks, such as CRWD, PANW, and FTNT,? Given the time of year, might it be better to wait for further declines? Would CRWD still be your favourite?

Q: I have bought goods from Wayfair a few times and was impressed with their pricing, customer service and quality. It was $300 dollars plus in Mat of 2021 and would love your analysis and thoughts of where this retailer is heading?
Is it worth buying?
Thanx Gary

Q: Hi 65i, May I have your current opinion on DOMO ? is it a Sell, Hold, or a Buy.
thank you

Q: How did UPST do in the quarter just past?

Q: Can you please explain the press releases by $oscr $cnc and others related to Medicare and the weak skate prices for these Healthcare companies? Is this weakness likely to last with the Trump policy changes? It's there value here or a longer lasting fundamental change to the revenue potential?

Q: TTD Your thoughts on the quarter and outlook from here please. Hold or change over to something else? Thx

Q: $four had negative reaction to earnings. How attractive do you see it at current price?

Q: Dear Peter:

This is primarily a BIG THANK YOU note! But for your repeated vote of confidence I wouldn't have taken a position in NBIS. What a POP today, eh?! More than paid for my next year's 5i Subscription!!

Secondarily a quick question. Now that it has gone up (and I sold part of my position today to lock in my profits), should one be tempted to rite Cash secured Sell Puts?
If so, what would be your strike price and exp date?

Many thanks again for your insight and most importantly your "courage of conviction"!.

Q: Given that $nbis reported new guidance today and is up 20%, how is the company valued versus yesterday? Growth seems to be accelerating and profitability closer, so in my mind risk is down further and valuation actually looks better?