Tehnolo\u0123iju magn\u0101ts P\u012bters T\u012bls ir izpild\u012bjis savu invest\u012bciju strat\u0113\u0123iju, piln\u012bb\u0101 izp\u0101rdodot savas akcijas pasaul\u0113 strauji augo\u0161aj\u0101 m\u0101ksl\u012bg\u0101 intelekta (MI) mikrosh\u0113mu ra\u017eo\u0161anas gigant\u0101 “Nvidia”. \u0160\u0101ds l\u0113mums pie\u0146emts laik\u0101, kad tirg\u016b pieaug ba\u017eas par iesp\u0113jamo MI “burbuli”, kas var\u0113tu sag\u0101d\u0101t nepat\u012bkamus p\u0101rsteigumus investoriem. \u0160is solis liecina par piesardz\u012bgu attieksmi pret strauji augo\u0161ajiem, bet potenci\u0101li nestabiliem tirgus segmentiem, pat ja tie saist\u012bti ar tehnolo\u0123ij\u0101m, kas maina pasauli.<\/p>\n
P\u012btera T\u012bla fonds “Thuel Macro LLC” ir ofici\u0101li pazi\u0146ojis par 53 7742 “Nvidia” akciju p\u0101rdo\u0161anu, kuru kop\u0113j\u0101 v\u0113rt\u012bba m\u0113r\u0101ma vair\u0101kos simtos miljonu dol\u0101ru. \u0160\u012b zi\u0146a, kas public\u0113ta ASV V\u0113rtspap\u012bru un bir\u017eu komisijas iesniegtaj\u0101 fonda veidlap\u0101, non\u0101kusi ar\u012b sabiedr\u012bbas uzman\u012bb\u0101, un to pla\u0161i izplat\u012bjis ar\u012b zi\u0146u a\u0123ent\u016bras “Reuters”.<\/p>\n
Ba\u017eas par MI \u201cburbuli\u201d un invest\u012bciju strat\u0113\u0123ijas mai\u0146a<\/p>\n
\u0160\u012b strat\u0113\u0123isk\u0101 izp\u0101rdo\u0161ana notiek uz\u0146\u0113mum\u0101, kas tiek d\u0113v\u0113ts par MI jomas “superzvaigzni”. “Nvidia” tirgus v\u0113rt\u012bba oktobr\u012b tika apl\u0113sta 5 triljonu dol\u0101ru apm\u0113r\u0101, ta\u010du p\u0113c ceturk\u0161\u0146a datu public\u0113\u0161anas 18. novembr\u012b t\u0101 strauji krit\u0101s l\u012bdz 4,41 triljonam dol\u0101ru. \u0160\u0101das sv\u0101rst\u012bbas akciju tirg\u016b ir ierastas, ta\u010du t\u0101s bie\u017ei vien ir sign\u0101ls par iesp\u0113jam\u0101m probl\u0113m\u0101m n\u0101kotn\u0113, \u012bpa\u0161i tehnolo\u0123iju sektor\u0101, kur cenas var pieaugt \u013coti strauji, bet ar\u012b kristies tikpat \u0101tri.<\/p>\n
P\u012bters T\u012bls nav nosl\u0113pis savu piesardz\u012bbu attiec\u012bb\u0101 uz MI tirgus v\u0113rt\u0113jumiem. Jau iepriek\u0161 vi\u0146\u0161 ir paudis ba\u017eas, ka MI nozare var\u0113tu b\u016bt p\u0101rv\u0113rt\u0113ta. Vi\u0146a invest\u012bciju filozofija, kas balst\u012bta uz dzi\u013cu anal\u012bzi un ilgtermi\u0146a redz\u0113jumu, \u0161\u0137iet, mudina vi\u0146u izvair\u012bties no potenci\u0101liem riskiem, pat ja tie saist\u012bti ar tehnolo\u0123ij\u0101m, kas veido n\u0101kotni.<\/p>\n
T\u012bla r\u012bc\u012bba ir pretrun\u0101 ar visp\u0101r\u0113jo entuziasmu par MI, kas izrais\u012bjis strauju “Nvidia” akciju pieaugumu. Uz\u0146\u0113mums ir k\u013cuvis par sp\u0113kav\u012bru tehnolo\u0123iju pasaul\u0113, jo t\u0101 jaud\u012bgie procesori ir nepiecie\u0161ami arvien sare\u017e\u0123\u012bt\u0101ku m\u0101ksl\u012bg\u0101 intelekta mode\u013cu apstr\u0101dei. Faktiski, “Nvidia” ir bijusi galvenais dzin\u0113jsp\u0113ks milz\u012bgajai izaugsmei S&P 500 indeks\u0101, nodro\u0161inot iev\u0113rojamu da\u013cu no pe\u013c\u0146as pieauguma p\u0113d\u0113j\u0101 laik\u0101. T\u0101 v\u0113rt\u012bba vien \u012bpa\u0161i izce\u013cas, p\u0101rsp\u0113jot pat veselas valstu ekonomikas, piem\u0113ram, Jap\u0101nu.<\/p>\n
Pasaules tendences un \u201cNvidia\u201d n\u0101kotne<\/p>\n
\u0160\u012b br\u012b\u017ea situ\u0101cija akciju tirg\u016b, kas tiek raksturota ar ba\u017e\u0101m par MI “burbuli”, nav vien\u012bg\u0101. Kop\u0161 2022. gada novembra, kad publiskaj\u0101 telp\u0101 par\u0101d\u012bj\u0101s ChatGPT, ar MI saist\u012bt\u0101s akcijas veidoju\u0161as aptuveni 75% no S&P 500 indeksa atdeves. Tas noz\u012bm\u0113, ka visa tirgus dinamika ir \u013coti atkar\u012bga no \u0161\u012b viena sektora. “Br\u012bnumainais sept\u012btnieks” \u2013 “Nvidia”, “Microsoft”, “Apple”, “Alphabet”, “Amazon”, “Meta Platforms” un “Tesla” \u2013 kop\u0101 ir v\u0113rt\u012bg\u0101ks nek\u0101 visa \u0136\u012bnas ekonomika. \u0160\u0101da koncentr\u0101cija var rad\u012bt nestabilit\u0101ti, ja k\u0101ds no \u0161iem gigantiem saskartos ar probl\u0113m\u0101m.<\/p>\n
Tom\u0113r, pat ja “burbulis” pl\u012bs\u012bs, daudzi eksperti uzskata, ka piepras\u012bjums p\u0113c “Nvidia” mikrosh\u0113m\u0101m saglab\u0101sies augsts. T\u0101das tehnolo\u0123iju komp\u0101nijas k\u0101 “Microsoft” turpina invest\u0113t miljardus datu centru izveid\u0113, kas ir b\u016btiski MI tehnolo\u0123iju att\u012bst\u012bbai. Tas liecina, ka “Nvidia” loma glob\u0101laj\u0101 tehnolo\u0123iju infrastrukt\u016br\u0101 ir fundament\u0101la un maz ticams, ka t\u0101 \u0101tri mazin\u0101sies.<\/p>\n
Ne tikai T\u012bls, bet ar\u012b citi<\/p>\n
P\u012bters T\u012bls nav vien\u012bgais investors, kur\u0161 nol\u0113mis samazin\u0101t savu ekspoz\u012bciju pret MI akcij\u0101m. Ar\u012b jap\u0101\u0146u invest\u012bciju gigants “Softbank” un t\u0101 izpilddirektors Masajo\u0161i Sons ir p\u0101rdevu\u0161i savas “Nvidia” akcijas. Interesanti, ka Sons p\u0113c tam novirz\u012bja savus l\u012bdzek\u013cus uz citu MI uz\u0146\u0113mumu \u2013 “OpenAI”. Tas nor\u0101da uz da\u017e\u0101d\u0101m invest\u012bciju strat\u0113\u0123ij\u0101m, pat vienas nozares ietvaros. Kam\u0113r vieni ba\u017e\u012bjas par p\u0101rv\u0113rt\u0113jumu un izv\u0113las dro\u0161\u0101kus variantus, citi mekl\u0113 jaunas iesp\u0113jas arvien augo\u0161aj\u0101 MI pasaul\u0113.<\/p>\n
\u0160\u012bs invest\u012bciju tendences atspogu\u013co pla\u0161\u0101ku diskusiju par to, vai pa\u0161reiz\u0113j\u0101 MI uzplaukuma f\u0101ze ir ilgtsp\u0113j\u012bga, vai t\u0101 ir tikai pagaidu fenomens, kas balst\u012bts uz spekul\u0101cij\u0101m. Da\u017ei anal\u012bti\u0137i saskata paral\u0113les ar 2000. gada “dot-com” drudzi, br\u012bdinot par iesp\u0113jamu kr\u012bzi. Citi apgalvo, ka \u0161oreiz situ\u0101cija ir cit\u0101d\u0101ka, jo MI tehnolo\u0123ijas ir balst\u012btas uz re\u0101liem, transformat\u012bviem ekonomiskiem pamatiem.<\/p>\n
Piem\u0113ram, UBS glob\u0101lais akciju tirgus strat\u0113\u0123is Endrj\u016b G\u0101rtsvits nor\u0101da uz vair\u0101k\u0101m klasisk\u0101m “burbu\u013ca” paz\u012bm\u0113m: izplat\u012btu domstarp\u012bbu principu “pirkt kritumu”, p\u0101rliec\u012bbu, ka “\u0161oreiz j\u0101b\u016bt cit\u0101di” tehnolo\u0123iju revol\u016bcijas d\u0113\u013c, k\u0101 ar\u012b pieaugo\u0161u priv\u0101to investoru l\u012bdzdal\u012bbu. Tom\u0113r, sal\u012bdzin\u0101jum\u0101 ar “dot-com” drudzi, pa\u0161reiz\u0113j\u0101s v\u0113rt\u0113jumu attiec\u012bbas, piem\u0113ram, “Nvidia” un citu “Br\u012bnumain\u0101 sept\u012btnieka” uz\u0146\u0113mumu vid\u0113j\u0101 prognoz\u0113t\u0101 cena\/pe\u013c\u0146a (P\/E) ir iev\u0113rojami zem\u0101kas nek\u0101 t\u0101 laika tehnolo\u0123iju gigantiem.<\/p>\n
\u201cAtlikto l\u012bgumu paradokss\u201d ir v\u0113l viens faktors, kas nor\u0101da uz potenci\u0101l\u0101m probl\u0113m\u0101m. MI uz\u0146\u0113mumiem ir daudz klientu un l\u012bgumu, bet tie nesp\u0113j pietiekami \u0101tri ieviest infrastrukt\u016bru, lai tos realiz\u0113tu. Tas rada situ\u0101ciju, kur\u0101 piepras\u012bjums saduras ar fiziskiem ierobe\u017eojumiem.<\/p>\n
Neskatoties uz \u0161\u012bm ba\u017e\u0101m, “Nvidia” turpina demonstr\u0113t iespaid\u012bgu izaugsmi. T\u0101s nesenais sasniegums \u2013 k\u013c\u016bt par pirmo publisko uz\u0146\u0113mumu, kura tirgus v\u0113rt\u012bba \u012bslaic\u012bgi p\u0101rsniegusi 4 triljonus dol\u0101ru (2025. gada 5. novembr\u012b) \u2013 ir apliecin\u0101jums t\u0101s noz\u012bm\u012bgajai lomai MI revol\u016bcij\u0101. \u0160is sasniegums, lai gan \u012bslaic\u012bgs, demonstr\u0113 investoru milz\u012bgo uztic\u012bbu un entuziasmu par MI n\u0101kotni. Ta\u010du ar jebkuru strauju izaugsmi n\u0101k ar\u012b atbilsto\u0161i riski, un T\u012bla r\u012bc\u012bba ir skaidrs sign\u0101ls, ka pat visperspekt\u012bv\u0101kajos tirgos ir v\u0113rts saglab\u0101t modr\u012bbu.<\/p>\n","protected":false},"excerpt":{"rendered":"Tehnolo\u0123iju magn\u0101ts P\u012bters T\u012bls ir izpild\u012bjis savu invest\u012bciju strat\u0113\u0123iju, piln\u012bb\u0101 izp\u0101rdodot savas akcijas pasaul\u0113 strauji augo\u0161aj\u0101 m\u0101ksl\u012bg\u0101 intelekta…\n","protected":false},"author":2,"featured_media":53645,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[5090,77,76,35,39,38,36,37,34,40,87,14665,197,14664],"class_list":{"0":"post-53644","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bizness","8":"tag-akciju-tirgus","9":"tag-bizness","10":"tag-business","11":"tag-latvia","12":"tag-latvian","13":"tag-latviesu","14":"tag-latviesu-valoda","15":"tag-latviesuvaloda","16":"tag-latvija","17":"tag-lv","18":"tag-maksligais-intelekts","19":"tag-mi-burbulis","20":"tag-nvidia","21":"tag-piters-tils"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@lv\/115576264810232317","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts\/53644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/comments?post=53644"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts\/53644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/media\/53645"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/media?parent=53644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/categories?post=53644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/tags?post=53644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}