{
  "id": 18485908,
  "title": "Hedge fund managers back Nvidia, Disney and ASML at Sohn Queenstown conference amid technology selloff",
  "url": "https://urgent.news/2026/11/06/hedge-fund-managers-back-nvidia-disney-and-asml-at-sohn-queenstown",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T10:20:00.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://hedgeweek.com/news/hedge-fund-managers-back-nvidia-disney-and-asml-at-sohn-queenstown-conference-amid-technology-selloff"
  },
  "original_language": "en",
  "account": "Hedge fund managers have identified promising investment opportunities in Nvidia, Disney, and ASML despite a market downturn and a sharp decrease in technology stocks, according to a report by Bloomberg. John Wylie, an EFM Asset Management executive, views Nvidia favorably due to its earnings multiple decreasing more than half in the last year while revenue growth expectations for its AI data center business have roughly doubled. Despite concerns over AI infrastructure spending and potential regulatory intervention, Nvidia shares experienced a 9.3% decline on Thursday.\n\nAndrew Curtayne of Milford Asset Management has also shown confidence in the semiconductor sector by selecting Dutch chip-equipment manufacturer ASML. He points to the company's dominance in extreme ultraviolet lithography technology, crucial for advanced semiconductor manufacturing, as a significant competitive advantage amid recent weakness in technology stocks.\n\nVihari Ross, a portfolio manager at Antipodes Partners, recommends Walt Disney, citing improving profitability in its streaming operations, strong cash generation from sports broadcasting, and growth potential in its cruise business. John Pinkel of Indus Capital suggests Japanese confectionery producer Kotobuki Spirits, while Cymer Capital's Samantha D'Amore highlights Fast Retailing, citing the expansion opportunities of Uniqlo in the US and Europe.\n\nThe report also mentions other investment ideas, such as Marathon Resource Advisors' Robert Mullin identifying Harbour Energy as undervalued with an estimated upside of approximately 86%, and Terra Capital's Jeremy Bond backing Canadian gold miner G Mining Ventures, forecasting a 300% production growth in the next two years due to expansion in Brazilian operations. Other choices include South Korean water purification company Coway and US wealth manager LPL Financial. The range of stock picks highlights managers' search for opportunities across various sectors amid increased market volatility driven by concerns over AI valuations and changing US policy.",
  "summary": "Hedge fund and investment managers have identified opportunities in Nvidia, Disney and ASML despite heightened market volatility and a sharp selloff in technology stocks, according to a report by Bloomberg. EFM Asset Management's John Wylie highlighted Nvidia as an attractive opportunity following the recent decline in semiconductor stocks. He noted that the chipmaker's earnings multiple has more…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}