Nvidia is this generation's Cisco. Check Cisco's stock price from March 2000 and compare it to today's stock price. Nvidia stock could easily follow the same pattern.
Why not the AI bubble? I feel pretty confident that eventually people will realize LLVMs aren't really too useful and nvda will plummet back to the path it was on. Nvda is built entirely on the hope that need for gpus will soar since every help desk in the world will be using a chatbot that runs on one (hint: it won't, it'll just be that annoying robot cunt that you have to ask "please let me speak to a human" 500x over)
>Nvda is built entirely on the hope that need for gpus will soar
The price increase is based on their earnings report that already saw the demand for GPUs skyrocket. It doesn't matter much to Nvidia whether or not companies will find a way to monetize AI in the short to mid term. They are selling shovels for this new gold rush. That said, they definitely aren't a good buy anymore considering that has now been priced into the stock.
Yes, also some serious financial trickery going on
Damage control team out in force today to shut down the CoreWeave/NVIDIA story that has been breaking into the retail information space.
>CoreWeave starts as an ETH mining company headed by hedge fund managers who were deeply involved in carbon credit fraud during the mid 2000's >CoreWeave pivots to GPU compute targeted towards AI as the AI hype starts growing >CoreWeave gets a 2+ billion debt facility from Magnetar Capital who is known for playing both sides of the '08 crisis with CDOs. >CoreWeave orders GPU's from NVIDIA with these funds and uses the chips as collateral for the loan from Magnetar >This order from CoreWeave was a major factor of driving up NVIDIA's stock price, hence the entire market recently >FinTwit and FinTube get ahold of the information and start asking questions >Major red flags raised about those involved at every level. Shell companies, tax fraud, unethical dealings in their history. >Ad hominem hit pieces and damage control articles come out attacking those asking questions >Strawman is built: "Idiot low IQ conspiracy theorists! CoreWeave is not a shell company!" which was never said >All legitimate concerns and criticisms are ignored. "GPU demand is very strong, Google and Microsoft can't get enough!" parroted.
CoreWeave's platform is currently very rudimentary, and building it out to convert billions in GPU's to a legitimate compute service seems a nearly insurmountable task given the current economic climate.
Why did NVIDIA choose CoreWeave instead of selling these chips to the big fish like Microsoft, Google, OpenAI, etc?
Why is everyone involved a sleazy scumbag? This whole thing smells like shit and combines the worst of Silicon Valley e/acc types and WallStreet grifters. A big financial engineering grift.
The real question: can you pop a bubble that's its own universe at this point?
Nvidia is this generation's Cisco. Check Cisco's stock price from March 2000 and compare it to today's stock price. Nvidia stock could easily follow the same pattern.
Buy an ad, stop ruining my chainlink board with your gay boomer threads.
I'm actually really surprised that LULZ is still full of mostly crypto shit and hardly anyone talks about stocks when it's clear that crypto has been completely dead for the past 2 years and all the money is being made in the stock market.
Because zoomers and broke 3rd worlders only trade crypto and increasingly they make up LULZ. People with money go where the profit is, as you described.
>Nvidia's stock is in a bubble, right?
Short: Yes.
Long: Tech bubble will burst and will be the final shot to the US economy. Everything will crumble down.
JeanJacket Jensen (TM) can do no wrong. NVDA to 600+ next ER when it beats guidance by another 2B. convinced coreweave is FUD and recent inside sells are due to Jensen needed to put a downpayment on his massive megayacht and/or mansion.
Big time. They have a solid business and will be around for decades, unfortunately they are extremely overvalued. This will cause large holders to sell eventually. I’m waiting for this to happen so I can buy the dip.
Meme stock. This is the last boomer stock safe haven before they crash everything. Don't short unless real fear sets in as it has meme stock shirt squeeze power, but look at all those meme stocks now, they're all in the dust.
Nvidia is this generation's Cisco. Check Cisco's stock price from March 2000 and compare it to today's stock price. Nvidia stock could easily follow the same pattern.
are you comparing the dotcom bubble to the overpricing of a single stock? hahahaha retard
Why not the AI bubble? I feel pretty confident that eventually people will realize LLVMs aren't really too useful and nvda will plummet back to the path it was on. Nvda is built entirely on the hope that need for gpus will soar since every help desk in the world will be using a chatbot that runs on one (hint: it won't, it'll just be that annoying robot cunt that you have to ask "please let me speak to a human" 500x over)
>Nvda is built entirely on the hope that need for gpus will soar
The price increase is based on their earnings report that already saw the demand for GPUs skyrocket. It doesn't matter much to Nvidia whether or not companies will find a way to monetize AI in the short to mid term. They are selling shovels for this new gold rush. That said, they definitely aren't a good buy anymore considering that has now been priced into the stock.
The real question: can you pop a bubble that's its own universe at this point?
Yes, also some serious financial trickery going on
Damage control team out in force today to shut down the CoreWeave/NVIDIA story that has been breaking into the retail information space.
>CoreWeave starts as an ETH mining company headed by hedge fund managers who were deeply involved in carbon credit fraud during the mid 2000's
>CoreWeave pivots to GPU compute targeted towards AI as the AI hype starts growing
>CoreWeave gets a 2+ billion debt facility from Magnetar Capital who is known for playing both sides of the '08 crisis with CDOs.
>CoreWeave orders GPU's from NVIDIA with these funds and uses the chips as collateral for the loan from Magnetar
>This order from CoreWeave was a major factor of driving up NVIDIA's stock price, hence the entire market recently
>FinTwit and FinTube get ahold of the information and start asking questions
>Major red flags raised about those involved at every level. Shell companies, tax fraud, unethical dealings in their history.
>Ad hominem hit pieces and damage control articles come out attacking those asking questions
>Strawman is built: "Idiot low IQ conspiracy theorists! CoreWeave is not a shell company!" which was never said
>All legitimate concerns and criticisms are ignored. "GPU demand is very strong, Google and Microsoft can't get enough!" parroted.
CoreWeave's platform is currently very rudimentary, and building it out to convert billions in GPU's to a legitimate compute service seems a nearly insurmountable task given the current economic climate.
Why did NVIDIA choose CoreWeave instead of selling these chips to the big fish like Microsoft, Google, OpenAI, etc?
Why is everyone involved a sleazy scumbag? This whole thing smells like shit and combines the worst of Silicon Valley e/acc types and WallStreet grifters. A big financial engineering grift.
Buy an ad, stop ruining my chainlink board with your gay boomer threads.
crypto is boring right now fag, get with the action
>never leave your /smg/ cage
>except for this
yeah you do a terrible job at pretending you're not a shill, pay docked
If you want to shill your garbage CoreWeave startup you can buy an ad.
how mad are you NVDA is skyrocketing while chainlink is red on almost every chart
I'm actually really surprised that LULZ is still full of mostly crypto shit and hardly anyone talks about stocks when it's clear that crypto has been completely dead for the past 2 years and all the money is being made in the stock market.
Because zoomers and broke 3rd worlders only trade crypto and increasingly they make up LULZ. People with money go where the profit is, as you described.
>Nvidia's stock is in a bubble, right?
Short: Yes.
Long: Tech bubble will burst and will be the final shot to the US economy. Everything will crumble down.
i dont know, but i sold today. I did zero research but it just felt artificially inflated by boomers who dont understand AI
if they don't start selling raytracing food then yeah, fuck even I can do something more active playing duck race than them doing a rtx6969.
JeanJacket Jensen (TM) can do no wrong. NVDA to 600+ next ER when it beats guidance by another 2B. convinced coreweave is FUD and recent inside sells are due to Jensen needed to put a downpayment on his massive megayacht and/or mansion.
Big time. They have a solid business and will be around for decades, unfortunately they are extremely overvalued. This will cause large holders to sell eventually. I’m waiting for this to happen so I can buy the dip.
who else is making AI tech?
Meme stock. This is the last boomer stock safe haven before they crash everything. Don't short unless real fear sets in as it has meme stock shirt squeeze power, but look at all those meme stocks now, they're all in the dust.