So manch has concluded that $100 is more likely than $200.
r/wallstreetbets - My Portfolio After NVIDIA shit on themselves
65 votes and 14 comments so far on Reddit
So manch has concluded that $100 is more likely than $200.
You believe in his judgement or not?
I don’t think I even have a judgement…
Crypto is already dead for them as per last qtrly results. Looks like some other area effect.I did not go through sector by sector, as reduction from 3B to 2.7B itself shows trouble in future order booking. EPS coming down from 1.71 to 1.52-1.57 level. Stock will not recover for long time.
No need to look any further.
Yes, I always knew that you can’t trust a Taiwanese ceo…
Yep Bitcoin mining has moved to ASICs. Not cost efficient to mine with GPUs. GPU mining only made sense with alt coins such as ethereum and that market is dying
Yes, I always knew that you can’t trust a Taiwanese ceo…
Also, beware of another one: AMD
Someone posted this nice video
65 votes and 14 comments so far on Reddit
FWIW I almost bought NVDA this morning. But I noticed my inbox had pre TG sale email from newegg. And the GPUs from both AMD and NVDA were both available and at a substantial discount which hasn’t been the case for a while. Figured it was too risky to buy as their gpu business had slowed. Lucky I guess
Me too. I placed a limit order $196 buy, doubtfully placed, that did not go through today luckily !
Next time post that info on the forum.
FWIW I almost bought NVDA this morning. But I noticed my inbox had pre TG sale email from newegg. And the GPUs from both AMD and NVDA were both available and at a substantial discount which hasn’t been the case for a while. Figured it was too risky to buy as their gpu business had slowed. Lucky I guess
I got the info. Apple, Google and Tesla made NVDA sink ! There is no AI for NVDA too.
Musk's revelations about Tesla's own AI chip development is a blow to the dominance of Nvidia's autonomous vehicle Drive platform in the automotive industry as it proves to the chipmaker's current 370 customers that 3 years and tens of millions of...
To say that Nvidia (NVDA) has had a rough fall would be an understatement. The severity of this recent downturn is striking on a longer-term chart (see below). The stock has more than erased its YTD gains at this point, falling to its lowest levels...
IMO, it is unlikely to recover, revenue and profit, for alreast one year. Many profitable AI avenues are closed by Tesla, Apple and google.
Not impressed.
Nvidia Stock (NVDA) Surges as SoftBank Plans Sale of Stake - Bloomberg
SoftBank Group Corp. is planning to offload its stake in Nvidia Corp. early next year as shares in the graphics chipmaker continue to slide, according to people familiar with the matter.
The Japanese investor could make about $3 billion in profit from the trade, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and SoftBank may opt to keep its stake or sell only part of it, the people said.
19h late.
Nvidia is a company that has reached the highest highs and the lowest lows, all in the span of a couple of weeks. TechCrunch is experimenting with new content forms. This is a rough draft of something new — provide your feedback directly to the...