ismith
Well-known member
No, sorry, that was my bad! I bought some crypto yesterday so everything crashed. I’ll try to let everyone know before I do that again, I promise.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
thusby
Well-known member
It’s a buying pop. Unless you don’t like money.
Benfromalbuquerque
Well-known member
- Joined
- Jul 15, 2020
- Messages
- 1,714
It’s all covfefe, man, don’t get too focused on these distractions.
Southern Elk
Well-known member
A lot of money was lost today.
All right… For those of you smarter than me, time to answer the serious question. Is Nvidia overvalued or is it Just getting started? Is buying it tomorrow like buying Amazon in 2011?
It seems like its products potential is in its infancy.
How does that translate to stock value and future stock value?
It seems like its products potential is in its infancy.
How does that translate to stock value and future stock value?
Nivda has already done what Amazon did from 2011 on.
jryoung
Well-known member
I think it's somewhere in-between, there's going to be a shakeout of AI spend, there will be pullback as budgets tighter, but so much money is already committed for 2025. There's still lots of room to go long term, I'm likely to add to my Nvidia and TSMC holdings.
NDGuy
Well-known member
- Joined
- Apr 26, 2018
- Messages
- 1,896
It’s ran at lightspeed for years but 20% down from highs in 1 day is still a good DCA opportunity if not in already
LousyResident
Well-known member
- Joined
- Sep 19, 2016
- Messages
- 3,219
Simple or silly AI like the way Google gives you a quick response is overrated. Science and medical AI, is only just beginning.
NDGuy
Well-known member
- Joined
- Apr 26, 2018
- Messages
- 1,896
In light of Semis dumping yesterday. I saw this AM that the admin is looking at tariffs for imported chips as well as removing subsidies for chip makers to build plants in the US. Aren’t those opposing moves? What would that accomplish
SAJ-99
Well-known member
No real bump today for the broader tech groups. Market seems to be sorting through the wreckage. I doubt we are too soon to hear of any big changes in capex this week or next, but every one of those firms is going to be looking at whether or not they need the latest NVDA chip. I am more concerned that on hearing about implementation of AI and if it starts to be a replacement for people. The jobs market might start to weaken.
Deepseek announcement made it clear that the Wall Street selling machine oversold the "next big thing". Pretty much standard operating procedure. On to something new? Maybe Quantum computing?
Deepseek announcement made it clear that the Wall Street selling machine oversold the "next big thing". Pretty much standard operating procedure. On to something new? Maybe Quantum computing?
NDGuy
Well-known member
- Joined
- Apr 26, 2018
- Messages
- 1,896
Nailed it!
SOUN (purchased @ $6) followed by PLTR (purchased @ $40) are in our "elder" nest egg funds. Soundhound was on a ride and dropped to a point I may pick up another bite size.
SAJ-99
Well-known member
AI is concept, like the Internet. Are we buying in 1997 or 1999? Are we buying the next AMZN or CSCO or AOL.
FREAK
Well-known member
- Joined
- Sep 29, 2022
- Messages
- 1,130
I'll give you a couple hints. TSLA, NVDA, MSFT, GOOG, PLTR. AI is in inning 2 right now. We don't even know a fraction of the possible applications.AI is concept, like the Internet. Are we buying in 1997 or 1999? Are we buying the next AMZN or CSCO or AOL.
NDGuy
Well-known member
- Joined
- Apr 26, 2018
- Messages
- 1,896
FREAK
Well-known member
- Joined
- Sep 29, 2022
- Messages
- 1,130
Best case, some super AI trades all my money for me. Not far out.Best case, robot slaves.
Worst case, Skynet.
What could go wrong
Similar threads
