ARK Invest c&#7911;a Cathie Wood v&#7915;a c&ocirc;ng b&#7889; quan &#273;i&#7875;m d&agrave;i h&#7841;n r&otilde; r&agrave;ng nh&#7845;t t&#7915; tr&#432;&#7899;c &#273;&#7871;n nay v&#7873; Bitcoin v&agrave; Nvidia, hai t&agrave;i s&#7843;n n&#7893;i b&#7853;t trong chu k&#7923; th&#7883; tr&#432;&#7901;ng 2024&ndash;2025. Trong b&aacute;o c&aacute;o m&#7899;i nh&#7845;t mang t&ecirc;n Big Ideas 2026, c&ocirc;ng ty d&#7921; b&aacute;o v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng c&#7911;a Bitcoin s&#7869; t&#259;ng t&#7899;i 700% trong b&#7889;n n&#259;m t&#7899;i.
B&aacute;o c&aacute;o c&#361;ng &#273;&#432;a ra nh&#7853;n &#273;&#7883;nh r&#7857;ng v&#7883; th&#7871; th&#7889;ng tr&#7883; c&#7911;a Nvidia trong l&#297;nh v&#7921;c ph&#7847;n c&#7913;ng AI c&oacute; th&#7875; s&#7869; ch&#7883;u &aacute;p l&#7921;c c&#7841;nh tranh ng&agrave;y c&agrave;ng l&#7899;n t&#7915; c&aacute;c &#273;&#7889;i th&#7911; kh&aacute;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bitcoin-price-to-hit-800-000">Gi&aacute; Bitcoin s&#7869; &#273;&#7841;t 800,000 USD?</h2>

ARK cho r&#7857;ng <a href="https://vn.beincrypto.com/bitcoin-four-year-cycle-analysis/">h&agrave;nh vi c&#7911;a Bitcoin &#273;&atilde; thay &#273;&#7893;i &#273;&aacute;ng k&#7875;</a> trong n&#259;m 2025. Th&#7901;i k&#7923; &#273;i&#7873;u ch&#7881;nh gi&aacute; di&#7877;n ra nh&#7865; h&#417;n, bi&#7871;n &#273;&#7897;ng th&#7845;p h&#417;n v&agrave; l&#7907;i nhu&#7853;n &#273;&atilde; &#273;i&#7873;u ch&#7881;nh theo r&#7911;i ro c&#361;ng &#273;&#432;&#7907;c c&#7843;i thi&#7879;n so v&#7899;i c&aacute;c chu k&#7923; tr&#432;&#7899;c &#273;&acirc;y.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/v90sV-GKrCLE0ubYuQ9GK6h5J2U=/smart/17fca7d36875428f85b52b50f5fe1ca2" alt="" class="wp-image-794123">Di&#7877;n bi&#7871;n gi&aacute; Bitcoin theo c&aacute;c s&#7921; ki&#7879;n ch&iacute;nh trong n&#259;m 2025. Ngu&#7891;n: <a href="https://www.ark-invest.com/thank-you-Big-Ideas-2026?submissionGuid=6641a674-b503-4eaf-8cf2-bfa361070af9" target="_blank" rel="noreferrer noopener nofollow">ARK Invest</a>

X&eacute;t theo ch&#7881; s&#7889; Sharpe Ratio, <a href="https://vn.beincrypto.com/bitcoin-smart-money-accumulation-retail-sell-off/" target="_blank" rel="noreferrer noopener">Bitcoin &#273;&atilde; v&#432;&#7907;t tr&#7897;i h&#417;n Ethereum</a>, Solana v&agrave; ch&#7881; s&#7889; CoinDesk 10 trong nhi&#7873;u kho&#7843;ng th&#7901;i gian. S&#7921; thay &#273;&#7893;i n&agrave;y c&#7911;ng c&#7889; quan &#273;i&#7875;m c&#7911;a ARK r&#7857;ng Bitcoin ng&agrave;y c&agrave;ng c&oacute; xu h&#432;&#7899;ng tr&#7903; th&agrave;nh t&agrave;i s&#7843;n tr&uacute; &#7849;n an to&agrave;n, ch&#7913; kh&ocirc;ng c&ograve;n ch&#7881; l&agrave; c&ocirc;ng c&#7909; &#273;&#7847;u c&#417; n&#7919;a.
V&igrave; v&#7853;y, ARK d&#7921; &#273;o&aacute;n Bitcoin s&#7869; th&#7889;ng tr&#7883; th&#7883; tr&#432;&#7901;ng crypto &#273;ang ph&aacute;t tri&#7875;n nhanh ch&oacute;ng. C&ocirc;ng ty n&agrave;y &#432;&#7899;c t&iacute;nh t&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto to&agrave;n c&#7847;u c&oacute; th&#7875; &#273;&#7841;t t&#7899;i 28,000 t&#7927; USD v&agrave;o n&#259;m 2030, v&#7899;i t&#7889;c &#273;&#7897; t&#259;ng tr&#432;&#7903;ng trung b&igrave;nh kho&#7843;ng 61% m&#7895;i n&#259;m.
&#272;&aacute;ng ch&uacute; &yacute;, ARK tin r&#7857;ng Bitcoin s&#7869; chi&#7871;m kho&#7843;ng 70% th&#7883; tr&#432;&#7901;ng n&agrave;y, &#273;&#432;a v&#7889;n h&oacute;a c&#7911;a ri&ecirc;ng Bitcoin l&ecirc;n &#273;&#7871;n kho&#7843;ng 16,000 t&#7927; USD v&agrave;o cu&#7889;i th&#7853;p k&#7927; n&agrave;y.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/MvhIXwGs7FYXPEsy5Scvp3-Lb2w=/smart/e3fcf4d5aef34cd9a72938fb6b64b8ee" alt="" class="wp-image-794122">D&#7921; &#273;o&aacute;n v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto &#273;&#7871;n n&#259;m 2030. Ngu&#7891;n: ARK Invest

D&#7921;a theo &#432;&#7899;c t&iacute;nh ngu&#7891;n cung hi&#7879;n t&#7841;i, &#273;i&#7873;u n&agrave;y &#273;&#7891;ng ngh&#297;a v&#7899;i vi&#7879;c gi&aacute; Bitcoin c&oacute; th&#7875; &#273;&#7841;t kho&#7843;ng 800,000 USD cho m&#7895;i coin. &#272;&acirc;y l&agrave; m&#7913;c t&#259;ng g&#7845;p g&#7847;n ch&iacute;n l&#7847;n so v&#7899;i m&#7913;c gi&aacute; kho&#7843;ng 90,000 USD hi&#7879;n t&#7841;i.
Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i t&#7845;t c&#7843; d&#7921; b&aacute;o c&#7911;a ARK &#273;&#7873;u <a href="https://vn.beincrypto.com/bitcoin-price-bull-market-trigger/">l&#7841;c quan</a> &#7903; m&#7885;i kh&iacute;a c&#7841;nh. C&ocirc;ng ty &#273;&atilde; &#273;i&#7873;u ch&#7881;nh gi&#7843;m k&#7923; v&#7885;ng v&#7873; vi&#7879;c Bitcoin &#273;&#432;&#7907;c ch&#7845;p nh&#7853;n l&agrave; &ldquo;n&#417;i tr&uacute; &#7849;n&rdquo; &#7903; c&aacute;c th&#7883; tr&#432;&#7901;ng m&#7899;i n&#7893;i, do s&#7921; t&#259;ng tr&#432;&#7903;ng nhanh ch&oacute;ng c&#7911;a c&aacute;c stablecoin neo theo USD.&nbsp;
Thay v&agrave;o &#273;&oacute;, ARK t&#259;ng gi&#7843; &#273;&#7883;nh v&#7873; vai tr&ograve; &ldquo;<a href="https://vn.beincrypto.com/world-war-3-bitcoin-crash-or-safe-haven/" target="_blank" rel="noreferrer noopener">v&agrave;ng k&#7929; thu&#7853;t s&#7889;</a>&rdquo; c&#7911;a Bitcoin, &#273;&#7863;c bi&#7879;t sau khi v&#7889;n h&oacute;a c&#7911;a v&agrave;ng t&#259;ng v&#7885;t trong n&#259;m 2025.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-nvidia-growth-continues-but-competition-tightens">Nvidia ti&#7871;p t&#7909;c t&#259;ng tr&#432;&#7903;ng, nh&#432;ng c&#7841;nh tranh ng&agrave;y c&agrave;ng gay g&#7855;t</h2>

D&ugrave; nhu c&#7847;u AI li&ecirc;n t&#7909;c t&#259;ng m&#7841;nh, ARK l&#7841;i c&oacute; c&aacute;i nh&igrave;n th&#7853;n tr&#7885;ng v&#7899;i Nvidia.
C&ocirc;ng ty n&agrave;y d&#7921; &#273;o&aacute;n t&#7893;ng chi ti&ecirc;u h&#7841; t&#7847;ng AI to&agrave;n c&#7847;u s&#7869; v&#432;&#7907;t 1.4 ng&agrave;n t&#7927; USD v&agrave;o n&#259;m 2030, ch&#7911; y&#7871;u nh&#7901; s&#7921; ph&aacute;t tri&#7875;n c&#7911;a c&aacute;c m&aacute;y ch&#7911; t&#259;ng t&#7889;c. &#272;&acirc;y l&agrave; &#273;&#7897;ng l&#7921;c gi&uacute;p nhu c&#7847;u chip AI n&oacute;i chung v&agrave; <a href="https://vn.beincrypto.com/nvidia-rubin-chips-bittensor-ai-crypto-markets/" target="_blank" rel="noreferrer noopener">GPU c&#7911;a Nvidia</a> n&oacute;i ri&ecirc;ng t&#259;ng tr&#432;&#7903;ng trong d&agrave;i h&#7841;n.
Nh&#432;ng ARK c&#361;ng ch&#7881; ra m&#7897;t thay &#273;&#7893;i l&#7899;n: C&aacute;c trung t&acirc;m d&#7919; li&#7879;u l&#7899;n v&agrave; ph&ograve;ng th&iacute; nghi&#7879;m AI b&#7855;t &#273;&#7847;u ch&uacute; tr&#7885;ng &#273;&#7871;n t&#7893;ng chi ph&iacute; s&#7903; h&#7919;u, kh&ocirc;ng c&ograve;n &#273;&#7863;t n&#7863;ng m&#7895;i y&#7871;u t&#7889; hi&#7879;u su&#7845;t n&#7919;a.&nbsp;
&#272;i&#7873;u n&agrave;y t&#7841;o c&#417; h&#7897;i cho c&aacute;c d&ograve;ng chip AI t&ugrave;y ch&#7881;nh ri&ecirc;ng ho&#7863;c c&aacute;c vi m&#7841;ch t&iacute;ch h&#7907;p chuy&ecirc;n d&#7909;ng (ASICs) tham gia v&agrave;o th&#7883; tr&#432;&#7901;ng.
M&#7897;t s&#7889; &#273;&#7889;i th&#7911; nh&#432; AMD, Broadcom, Annapurna Labs c&#7911;a Amazon v&agrave; TPU c&#7911;a Google &#273;&atilde; v&agrave; &#273;ang gi&#7899;i thi&#7879;u c&aacute;c th&#7871; h&#7879; chip m&#7899;i ra th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/rJtR0tJ_6c4rRLPE8zOmOxECW1Y=/smart/3ad6024debc944ed916fa43c35c9699f" alt="" class="wp-image-794120">

Nvidia &#273;ang &#273;&#7889;i m&#7863;t v&#7899;i c&#7841;nh tranh quy&#7871;t li&#7879;t t&#7915; AMD. Ngu&#7891;n: ARK Invest
Nhi&#7873;u &#273;&#7889;i th&#7911; &#273;&atilde; cung c&#7845;p c&aacute;c h&#7879; th&#7889;ng c&oacute; chi ph&iacute; v&#7853;n h&agrave;nh theo gi&#7901; th&#7845;p h&#417;n s&#7843;n ph&#7849;m cao c&#7845;p nh&#7845;t c&#7911;a Nvidia, d&ugrave; &#273;&ocirc;i l&uacute;c hi&#7879;u su&#7845;t ch&#432;a b&#7857;ng.
S&#7889; li&#7879;u c&#7911;a ARK cho th&#7845;y GPU m&#7899;i nh&#7845;t c&#7911;a Nvidia thu&#7897;c nh&oacute;m m&#7841;nh nh&#7845;t th&#7883; tr&#432;&#7901;ng nh&#432;ng c&#361;ng t&#7889;n k&eacute;m nh&#7845;t v&#7873; chi ph&iacute; s&#7917; d&#7909;ng. &Aacute;p l&#7921;c gi&aacute; th&agrave;nh n&agrave;y c&oacute; th&#7875; khi&#7871;n l&#7907;i nhu&#7853;n c&#7911;a Nvidia kh&oacute; t&#259;ng nhanh nh&#432; nh&#7919;ng n&#259;m tr&#432;&#7899;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-this-means-for-nvidia-s-stock">&#272;i&#7873;u n&agrave;y c&oacute; &yacute; ngh&#297;a g&igrave; &#273;&#7889;i v&#7899;i c&#7893; phi&#7871;u Nvidia</h2>

ARK kh&ocirc;ng d&#7921; b&aacute;o r&#7857;ng ho&#7841;t &#273;&#7897;ng kinh doanh c&#7911;a Nvidia s&#7869; s&#7909;p &#273;&#7893;. Thay v&agrave;o &#273;&oacute;, ARK cho r&#7857;ng <a href="https://vn.beincrypto.com/silver-surpasses-nvidia-bitcoin-breakout-parallels/">s&#7921; th&#7889;ng tr&#7883; m&#7841;nh m&#7869; tr&#432;&#7899;c &#273;&acirc;y</a> c&#7911;a c&ocirc;ng ty s&#7869; chuy&#7875;n d&#7847;n sang t&#259;ng tr&#432;&#7903;ng c&#7841;nh tranh h&#417;n.
&#272;&#7889;i v&#7899;i c&#7893; phi&#7871;u Nvidia, &#273;i&#7873;u n&agrave;y &#273;&#7891;ng ngh&#297;a m&#7897;t con &#273;&#432;&#7901;ng ph&aacute;t tri&#7875;n kh&aacute;c bi&#7879;t so v&#7899;i Bitcoin. Thay v&igrave; t&#259;ng tr&#432;&#7903;ng nh&#7901; &#273;&#7883;nh gi&aacute; cao, m&#7913;c sinh l&#7901;i t&#432;&#417;ng lai s&#7869; ph&#7909; thu&#7897;c v&agrave;o kh&#7843; n&#259;ng t&#259;ng doanh thu, ph&aacute;t tri&#7875;n ph&#7847;n m&#7873;m v&agrave; x&acirc;y d&#7921;ng h&#7879; sinh th&aacute;i c&#7911;a Nvidia.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/QV6lhbQDoEN4rHJWIs-gM2xlvvw=/smart/7d83138f4a2741b79e96b0fd7d66831c" alt="" class="wp-image-794121">Bi&#7875;u &#273;&#7891; gi&aacute; c&#7893; phi&#7871;u Nvidia trong m&#7897;t n&#259;m qua. Ngu&#7891;n: <a href="https://www.google.com/finance/quote/NVDA:NASDAQ?sa=X&amp;ved=2ahUKEwjc6rCjzJ2SAxVZVfEDHRyzOXUQ3ecFKAV6BAgjEAY&amp;window=1Y" target="_blank" rel="noreferrer noopener">Google Finance</a>
 
Tr&ecirc;n th&#7921;c t&#7871;, gi&aacute; c&#7893; phi&#7871;u c&#7911;a Nvidia c&oacute; th&#7875; v&#7851;n t&#259;ng th&ecirc;m trong th&#7901;i gian t&#7899;i, nh&#432;ng t&#7889;c &#273;&#7897; t&#259;ng s&#7869; ch&#7853;m h&#417;n, bi&#7871;n &#273;&#7897;ng m&#7841;nh h&#417;n v&agrave; d&#7877; b&#7883; t&aacute;c &#273;&#7897;ng m&#7841;nh b&#7903;i s&#7921; c&#7841;nh tranh c&#361;ng nh&#432; &aacute;p l&#7921;c l&#7907;i nhu&#7853;n. Giai &#273;o&#7841;n d&#7877; d&agrave;ng v&#7899;i vi&#7879;c t&#259;ng gi&aacute; nh&#7901; c&acirc;u chuy&#7879;n AI c&oacute; l&#7869; &#273;&atilde; qua &#273;i.

Dự đoán táo bạo về Bitcoin và Nvidia của ARK Invest do Cathie Wood đứng đầu

ARK Invest c&#7911;a Cathie Wood v&#7915;a c&ocirc;ng b&#7889; quan &#273;i&#7875;m d&agrave;i h&#7841;n r&otilde; r&agrave;ng nh&#7845;t t&#7915; tr&#432;&#7899;c &#273;&#7871;n nay v&#7873; Bitcoin v&agrave; Nvidia, hai t&agrave;i s&#7843;n n&#7893;i b&#7853;t trong chu k&#7923; th&#7883; tr&#432;&#7901;ng 2024&ndash;2025. Trong b&aacute;o c&aacute;o m&#7899;i nh&#7845;t mang t&ecirc;n Big Ideas 2026, c&ocirc;ng ty d&#7921; b&aacute;o v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng c&#7911;a Bitcoin s&#7869; t&#259;ng t&#7899;i 700% trong b&#7889;n n&#259;m t&#7899;i.
B&aacute;o c&aacute;o c&#361;ng &#273;&#432;a ra nh&#7853;n &#273;&#7883;nh r&#7857;ng v&#7883; th&#7871; th&#7889;ng tr&#7883; c&#7911;a Nvidia trong l&#297;nh v&#7921;c ph&#7847;n c&#7913;ng AI c&oacute; th&#7875; s&#7869; ch&#7883;u &aacute;p l&#7921;c c&#7841;nh tranh ng&agrave;y c&agrave;ng l&#7899;n t&#7915; c&aacute;c &#273;&#7889;i th&#7911; kh&aacute;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bitcoin-price-to-hit-800-000">Gi&aacute; Bitcoin s&#7869; &#273;&#7841;t 800,000 USD?</h2>

ARK cho r&#7857;ng <a href="https://vn.beincrypto.com/bitcoin-four-year-cycle-analysis/">h&agrave;nh vi c&#7911;a Bitcoin &#273;&atilde; thay &#273;&#7893;i &#273;&aacute;ng k&#7875;</a> trong n&#259;m 2025. Th&#7901;i k&#7923; &#273;i&#7873;u ch&#7881;nh gi&aacute; di&#7877;n ra nh&#7865; h&#417;n, bi&#7871;n &#273;&#7897;ng th&#7845;p h&#417;n v&agrave; l&#7907;i nhu&#7853;n &#273;&atilde; &#273;i&#7873;u ch&#7881;nh theo r&#7911;i ro c&#361;ng &#273;&#432;&#7907;c c&#7843;i thi&#7879;n so v&#7899;i c&aacute;c chu k&#7923; tr&#432;&#7899;c &#273;&acirc;y.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/v90sV-GKrCLE0ubYuQ9GK6h5J2U=/smart/17fca7d36875428f85b52b50f5fe1ca2" alt="" class="wp-image-794123">Di&#7877;n bi&#7871;n gi&aacute; Bitcoin theo c&aacute;c s&#7921; ki&#7879;n ch&iacute;nh trong n&#259;m 2025. Ngu&#7891;n: <a href="https://www.ark-invest.com/thank-you-Big-Ideas-2026?submissionGuid=6641a674-b503-4eaf-8cf2-bfa361070af9" target="_blank" rel="noreferrer noopener nofollow">ARK Invest</a>

X&eacute;t theo ch&#7881; s&#7889; Sharpe Ratio, <a href="https://vn.beincrypto.com/bitcoin-smart-money-accumulation-retail-sell-off/" target="_blank" rel="noreferrer noopener">Bitcoin &#273;&atilde; v&#432;&#7907;t tr&#7897;i h&#417;n Ethereum</a>, Solana v&agrave; ch&#7881; s&#7889; CoinDesk 10 trong nhi&#7873;u kho&#7843;ng th&#7901;i gian. S&#7921; thay &#273;&#7893;i n&agrave;y c&#7911;ng c&#7889; quan &#273;i&#7875;m c&#7911;a ARK r&#7857;ng Bitcoin ng&agrave;y c&agrave;ng c&oacute; xu h&#432;&#7899;ng tr&#7903; th&agrave;nh t&agrave;i s&#7843;n tr&uacute; &#7849;n an to&agrave;n, ch&#7913; kh&ocirc;ng c&ograve;n ch&#7881; l&agrave; c&ocirc;ng c&#7909; &#273;&#7847;u c&#417; n&#7919;a.
V&igrave; v&#7853;y, ARK d&#7921; &#273;o&aacute;n Bitcoin s&#7869; th&#7889;ng tr&#7883; th&#7883; tr&#432;&#7901;ng crypto &#273;ang ph&aacute;t tri&#7875;n nhanh ch&oacute;ng. C&ocirc;ng ty n&agrave;y &#432;&#7899;c t&iacute;nh t&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto to&agrave;n c&#7847;u c&oacute; th&#7875; &#273;&#7841;t t&#7899;i 28,000 t&#7927; USD v&agrave;o n&#259;m 2030, v&#7899;i t&#7889;c &#273;&#7897; t&#259;ng tr&#432;&#7903;ng trung b&igrave;nh kho&#7843;ng 61% m&#7895;i n&#259;m.
&#272;&aacute;ng ch&uacute; &yacute;, ARK tin r&#7857;ng Bitcoin s&#7869; chi&#7871;m kho&#7843;ng 70% th&#7883; tr&#432;&#7901;ng n&agrave;y, &#273;&#432;a v&#7889;n h&oacute;a c&#7911;a ri&ecirc;ng Bitcoin l&ecirc;n &#273;&#7871;n kho&#7843;ng 16,000 t&#7927; USD v&agrave;o cu&#7889;i th&#7853;p k&#7927; n&agrave;y.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/MvhIXwGs7FYXPEsy5Scvp3-Lb2w=/smart/e3fcf4d5aef34cd9a72938fb6b64b8ee" alt="" class="wp-image-794122">D&#7921; &#273;o&aacute;n v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto &#273;&#7871;n n&#259;m 2030. Ngu&#7891;n: ARK Invest

D&#7921;a theo &#432;&#7899;c t&iacute;nh ngu&#7891;n cung hi&#7879;n t&#7841;i, &#273;i&#7873;u n&agrave;y &#273;&#7891;ng ngh&#297;a v&#7899;i vi&#7879;c gi&aacute; Bitcoin c&oacute; th&#7875; &#273;&#7841;t kho&#7843;ng 800,000 USD cho m&#7895;i coin. &#272;&acirc;y l&agrave; m&#7913;c t&#259;ng g&#7845;p g&#7847;n ch&iacute;n l&#7847;n so v&#7899;i m&#7913;c gi&aacute; kho&#7843;ng 90,000 USD hi&#7879;n t&#7841;i.
Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i t&#7845;t c&#7843; d&#7921; b&aacute;o c&#7911;a ARK &#273;&#7873;u <a href="https://vn.beincrypto.com/bitcoin-price-bull-market-trigger/">l&#7841;c quan</a> &#7903; m&#7885;i kh&iacute;a c&#7841;nh. C&ocirc;ng ty &#273;&atilde; &#273;i&#7873;u ch&#7881;nh gi&#7843;m k&#7923; v&#7885;ng v&#7873; vi&#7879;c Bitcoin &#273;&#432;&#7907;c ch&#7845;p nh&#7853;n l&agrave; &ldquo;n&#417;i tr&uacute; &#7849;n&rdquo; &#7903; c&aacute;c th&#7883; tr&#432;&#7901;ng m&#7899;i n&#7893;i, do s&#7921; t&#259;ng tr&#432;&#7903;ng nhanh ch&oacute;ng c&#7911;a c&aacute;c stablecoin neo theo USD.&nbsp;
Thay v&agrave;o &#273;&oacute;, ARK t&#259;ng gi&#7843; &#273;&#7883;nh v&#7873; vai tr&ograve; &ldquo;<a href="https://vn.beincrypto.com/world-war-3-bitcoin-crash-or-safe-haven/" target="_blank" rel="noreferrer noopener">v&agrave;ng k&#7929; thu&#7853;t s&#7889;</a>&rdquo; c&#7911;a Bitcoin, &#273;&#7863;c bi&#7879;t sau khi v&#7889;n h&oacute;a c&#7911;a v&agrave;ng t&#259;ng v&#7885;t trong n&#259;m 2025.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-nvidia-growth-continues-but-competition-tightens">Nvidia ti&#7871;p t&#7909;c t&#259;ng tr&#432;&#7903;ng, nh&#432;ng c&#7841;nh tranh ng&agrave;y c&agrave;ng gay g&#7855;t</h2>

D&ugrave; nhu c&#7847;u AI li&ecirc;n t&#7909;c t&#259;ng m&#7841;nh, ARK l&#7841;i c&oacute; c&aacute;i nh&igrave;n th&#7853;n tr&#7885;ng v&#7899;i Nvidia.
C&ocirc;ng ty n&agrave;y d&#7921; &#273;o&aacute;n t&#7893;ng chi ti&ecirc;u h&#7841; t&#7847;ng AI to&agrave;n c&#7847;u s&#7869; v&#432;&#7907;t 1.4 ng&agrave;n t&#7927; USD v&agrave;o n&#259;m 2030, ch&#7911; y&#7871;u nh&#7901; s&#7921; ph&aacute;t tri&#7875;n c&#7911;a c&aacute;c m&aacute;y ch&#7911; t&#259;ng t&#7889;c. &#272;&acirc;y l&agrave; &#273;&#7897;ng l&#7921;c gi&uacute;p nhu c&#7847;u chip AI n&oacute;i chung v&agrave; <a href="https://vn.beincrypto.com/nvidia-rubin-chips-bittensor-ai-crypto-markets/" target="_blank" rel="noreferrer noopener">GPU c&#7911;a Nvidia</a> n&oacute;i ri&ecirc;ng t&#259;ng tr&#432;&#7903;ng trong d&agrave;i h&#7841;n.
Nh&#432;ng ARK c&#361;ng ch&#7881; ra m&#7897;t thay &#273;&#7893;i l&#7899;n: C&aacute;c trung t&acirc;m d&#7919; li&#7879;u l&#7899;n v&agrave; ph&ograve;ng th&iacute; nghi&#7879;m AI b&#7855;t &#273;&#7847;u ch&uacute; tr&#7885;ng &#273;&#7871;n t&#7893;ng chi ph&iacute; s&#7903; h&#7919;u, kh&ocirc;ng c&ograve;n &#273;&#7863;t n&#7863;ng m&#7895;i y&#7871;u t&#7889; hi&#7879;u su&#7845;t n&#7919;a.&nbsp;
&#272;i&#7873;u n&agrave;y t&#7841;o c&#417; h&#7897;i cho c&aacute;c d&ograve;ng chip AI t&ugrave;y ch&#7881;nh ri&ecirc;ng ho&#7863;c c&aacute;c vi m&#7841;ch t&iacute;ch h&#7907;p chuy&ecirc;n d&#7909;ng (ASICs) tham gia v&agrave;o th&#7883; tr&#432;&#7901;ng.
M&#7897;t s&#7889; &#273;&#7889;i th&#7911; nh&#432; AMD, Broadcom, Annapurna Labs c&#7911;a Amazon v&agrave; TPU c&#7911;a Google &#273;&atilde; v&agrave; &#273;ang gi&#7899;i thi&#7879;u c&aacute;c th&#7871; h&#7879; chip m&#7899;i ra th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/rJtR0tJ_6c4rRLPE8zOmOxECW1Y=/smart/3ad6024debc944ed916fa43c35c9699f" alt="" class="wp-image-794120">

Nvidia &#273;ang &#273;&#7889;i m&#7863;t v&#7899;i c&#7841;nh tranh quy&#7871;t li&#7879;t t&#7915; AMD. Ngu&#7891;n: ARK Invest
Nhi&#7873;u &#273;&#7889;i th&#7911; &#273;&atilde; cung c&#7845;p c&aacute;c h&#7879; th&#7889;ng c&oacute; chi ph&iacute; v&#7853;n h&agrave;nh theo gi&#7901; th&#7845;p h&#417;n s&#7843;n ph&#7849;m cao c&#7845;p nh&#7845;t c&#7911;a Nvidia, d&ugrave; &#273;&ocirc;i l&uacute;c hi&#7879;u su&#7845;t ch&#432;a b&#7857;ng.
S&#7889; li&#7879;u c&#7911;a ARK cho th&#7845;y GPU m&#7899;i nh&#7845;t c&#7911;a Nvidia thu&#7897;c nh&oacute;m m&#7841;nh nh&#7845;t th&#7883; tr&#432;&#7901;ng nh&#432;ng c&#361;ng t&#7889;n k&eacute;m nh&#7845;t v&#7873; chi ph&iacute; s&#7917; d&#7909;ng. &Aacute;p l&#7921;c gi&aacute; th&agrave;nh n&agrave;y c&oacute; th&#7875; khi&#7871;n l&#7907;i nhu&#7853;n c&#7911;a Nvidia kh&oacute; t&#259;ng nhanh nh&#432; nh&#7919;ng n&#259;m tr&#432;&#7899;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-this-means-for-nvidia-s-stock">&#272;i&#7873;u n&agrave;y c&oacute; &yacute; ngh&#297;a g&igrave; &#273;&#7889;i v&#7899;i c&#7893; phi&#7871;u Nvidia</h2>

ARK kh&ocirc;ng d&#7921; b&aacute;o r&#7857;ng ho&#7841;t &#273;&#7897;ng kinh doanh c&#7911;a Nvidia s&#7869; s&#7909;p &#273;&#7893;. Thay v&agrave;o &#273;&oacute;, ARK cho r&#7857;ng <a href="https://vn.beincrypto.com/silver-surpasses-nvidia-bitcoin-breakout-parallels/">s&#7921; th&#7889;ng tr&#7883; m&#7841;nh m&#7869; tr&#432;&#7899;c &#273;&acirc;y</a> c&#7911;a c&ocirc;ng ty s&#7869; chuy&#7875;n d&#7847;n sang t&#259;ng tr&#432;&#7903;ng c&#7841;nh tranh h&#417;n.
&#272;&#7889;i v&#7899;i c&#7893; phi&#7871;u Nvidia, &#273;i&#7873;u n&agrave;y &#273;&#7891;ng ngh&#297;a m&#7897;t con &#273;&#432;&#7901;ng ph&aacute;t tri&#7875;n kh&aacute;c bi&#7879;t so v&#7899;i Bitcoin. Thay v&igrave; t&#259;ng tr&#432;&#7903;ng nh&#7901; &#273;&#7883;nh gi&aacute; cao, m&#7913;c sinh l&#7901;i t&#432;&#417;ng lai s&#7869; ph&#7909; thu&#7897;c v&agrave;o kh&#7843; n&#259;ng t&#259;ng doanh thu, ph&aacute;t tri&#7875;n ph&#7847;n m&#7873;m v&agrave; x&acirc;y d&#7921;ng h&#7879; sinh th&aacute;i c&#7911;a Nvidia.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/QV6lhbQDoEN4rHJWIs-gM2xlvvw=/smart/7d83138f4a2741b79e96b0fd7d66831c" alt="" class="wp-image-794121">Bi&#7875;u &#273;&#7891; gi&aacute; c&#7893; phi&#7871;u Nvidia trong m&#7897;t n&#259;m qua. Ngu&#7891;n: <a href="https://www.google.com/finance/quote/NVDA:NASDAQ?sa=X&amp;ved=2ahUKEwjc6rCjzJ2SAxVZVfEDHRyzOXUQ3ecFKAV6BAgjEAY&amp;window=1Y" target="_blank" rel="noreferrer noopener">Google Finance</a>
 
Tr&ecirc;n th&#7921;c t&#7871;, gi&aacute; c&#7893; phi&#7871;u c&#7911;a Nvidia c&oacute; th&#7875; v&#7851;n t&#259;ng th&ecirc;m trong th&#7901;i gian t&#7899;i, nh&#432;ng t&#7889;c &#273;&#7897; t&#259;ng s&#7869; ch&#7853;m h&#417;n, bi&#7871;n &#273;&#7897;ng m&#7841;nh h&#417;n v&agrave; d&#7877; b&#7883; t&aacute;c &#273;&#7897;ng m&#7841;nh b&#7903;i s&#7921; c&#7841;nh tranh c&#361;ng nh&#432; &aacute;p l&#7921;c l&#7907;i nhu&#7853;n. Giai &#273;o&#7841;n d&#7877; d&agrave;ng v&#7899;i vi&#7879;c t&#259;ng gi&aacute; nh&#7901; c&acirc;u chuy&#7879;n AI c&oacute; l&#7869; &#273;&atilde; qua &#273;i.