NVIDIA has been almost singlehandedly propping up tech stocks, and their stock price rose more than 4 percent yesterday ahead of today's earnings release. Wall St. seems to be using NVIDIA stock price as a barometer of ROI on all the AI investments. Guess we'll see.
https://infosec.exchange/@briankrebs/113515842303720779
@briankrebs anyone heavily invested in Nividia should be thinking about what happens when China takes a crack at Taiwan. Given what the orange one is likely to do in the next year (rewarding […]
2024-11-20 the_blackwell_ninja
@briankrebs It seems to me that the techbros are still in the "light piles of cash on fire" stage, so I'm not sure why Nvidia numbers would be down.
@briankrebs
somehow i see nvidia stock price as more like sun/emc/veritas stock pre dot-BOMB because all the shiny new VC funded i-something/e-something startups all bought that config.
[…]
@briankrebs They just gave all the money to nvidia, end of story 🤭
@briankrebs Well, they are selling the shovels of the AI-rush.
So they are expected to make the money.
[…]
@briankrebs Since every tech company desperately wants to incorporate AI into their products because of FOMO, the madness will continue until the current tech management receives their golden […]
@briankrebs In other news, based on earning projections of shovel manufacturers, the Gold Rush is an unfettered success!
2024-11-20 briankrebs ┃ edited ┃ 1🔗 8💬
To put the value of NVIDIA's stock price in perspective, its price is expected to swing at least 8 percent (one way or the other) in response to today's earnings release. Bloomberg writes: […]
@briankrebs
The land of make-believe is filled with the corpses of people who lost money.
@briankrebs
I understand that they manufacture a lot of hardware that's used for AI, but is it really reasonable to look at their stock price and nothing else, and start speculating about […]
────
────