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Coatue's Laffont says geopolitics is a threat to Nvidia, chip industry
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Coatue's Laffont says geopolitics is a threat to Nvidia, chip industry
Jun 25, 2024 8:09 AM

NEW YORK, June 25 (Reuters) - Hedge fund Coatue

Management's founder Philippe Laffont said on Tuesday that he is

concerned about how geopolitical conflicts could affect the chip

industry and the development of artificial intelligence,

including Nvidia ( NVDA ).

Speaking at the Bloomberg Invest conference, Laffont said if

China invaded Taiwan, it would disrupt the chip industry.

"That's very risky because the highest market capitalization is

dependent on production in Taiwan," he said about the risks

posed to AI chipmaker Nvidia ( NVDA ).

(Reporting by Carolina Mandl, in New York)

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