Gary Marcus Says Krispy Kreme Shares Outperformed Nvidia

New York University professor emeritus Gary Marcus cited a comparison in which Krispy Kreme shares had outperformed Nvidia over the past year while discussing investor sentiment toward Nvidia and questions about AI demand and the profitability of chip purchases.

Marcus described a recent pullback in AI shares as largely psychological. He questioned whether AI demand could continue to drive rapid growth and whether companies buying Nvidia chips could make a profit from those investments.

Marcus also said OpenAI could become the AI industry’s equivalent of WeWork, casting doubt on the company’s prospects.