NVIDIA and AI – Market Hype vs Reality: TIGER 21 Founder Michael Sonnenfeldt on NPR 

You can’t grow a tree to the moon.

Michael Sonnenfeldt, TIGER 21 Founder and Chairman 

In a recent NPR “All Things Considered” interview with Finance Correspondent Maria Aspan, Michael Sonnenfeldt, Founder and Chairman of TIGER 21, offered valuable insights into NVIDIA’s wild ride in the stock market, shedding light on a larger narrative around AI and the volatility of innovation-driven growth. 

NVIDIA, a chip company known for fueling the AI boom, reported a staggering $30 billion in sales for the last quarter—more than double its performance from a year ago. Yet, despite these incredible results, Wall Street’s reaction was mixed, with NVIDIA’s stock losing $200 billion in value in over a week.   

Michael’s comments addressed the broader themes of growth, hype, and competition. “You can’t grow a tree to the moon,” he noted as a reminder that exponential growth cannot sustain itself forever. 

He also highlighted the important question of competition. While NVIDIA currently dominates the AI chip market, it faces an inevitable challenge: When will its competitors, such as AMD, Intel, or even companies like Microsoft developing their own chips, catch up? This is the $3 trillion question that reflects a broader truth in business—what goes up must, at some point, level out. 

Listen to the full interview here.