NVDA looks like completed wave 4 and now in wave (i) of wave (1) of wave i of wave 5. That is I expect NVDA would go up pretty high 
I might be too bullish and is wave (1) 
or worse still in wave 4 
Anyhoo, let it rip. Btw, this is not a stock advice to buy or sell NVDA. Do your DD and consult your financial advisor. @Jil said need to put in disclaimer.
Semis are on 
WallStreet continues to pump MU. Earning is expected on Apr 8, more than two months away.
Micron is one of the largest makers of DRAM and NAND memory chips in the world and it has made an impressive comeback within the cyclical space over the past six months. The memory chip firm returned to growth in Q3, with sales up 14% and fourth quarter revenue up 24%.
Apparently due to replenishment of inventory by customers, rolling out of 5G, growth of EV/AV, Robotics and AI, and resumption of building data centers.
“We reiterate MU as a top pick for 2021, as we see Micron’s 1α DRAM and 176-layer NAND helping the company maintain a competitive position against the competition and benefit the company in F2H21 as the memory cycle continues its upswing on traditional supply/ demand dynamics.”
…several applications which use AI such as smart cars, edge, smart photography and 5G, act as content growth drivers.
… AI has also substantially increased bandwidth requirements which should be good news for Micron’s GDDR6X and HMB products.
… Mosesmann reiterated a Buy rating on MU shares along with a $120 price target.
Probably pull back around $100. According to the daily chart, bearish divergence is yet to be resolved.
first laptop shortage than auto chips shortage.but no mobile phone demand as wifi chips and display screens are installed in Autos. along with laptop for home working and study. this profound change in industry.
18 firms in Germany alone. Russia and France are bigger than that. its matter of time they start reverse brain drain.
[quote]
https://www.ft.com/content/665aa87d-046b-4ecd-97a7-a797e0357a32
It added that in the medium term, “it is important and crucial to expand [semiconductor manufacturing] capacities in Germany and Europe,” and it was funding 18 companies setting up chip factories in the country.[/quote]
https://www.appliedmaterials.com/company/about/leadership/alex-belogolovsky
How are German RE prices?
just to give idea. $3000 per sq foot for luxury homes. and $1200 sq for mid level.
Ten years ago, I would never have imagined I’d be selling penthouses priced over €25,000 per square meter, but last year, we did,” said Serkan Göcmen of JLL Residential in Berlin. “German buyers traditionally don’t like showing off, but nowadays, they want more space, they want a private gym, they want extra rooms because they’re home most of the time
this is without stock bubble. imagine Stock bubble created in European stocks. One Berlin apartment will be worth 10 San Francisco homes.
I’m confused. I thought EU had all sorts of superior tech and manufacturing capabilities. Why would they need Taiwan’s help? They should be solving Taiwan’s shortage for them with EU chips.
Its Bosch and Continental that outsource to Taiwan and China as China biggest manutacturing place for Germanic vehicles. Bosch and Continental supply to OEMs.
now after pandemic and increase demand. they are building semiconductor and plants within Eurozone.
dont worry its all Euro engineering whether factory built in Taiwan or in Europe.
Pumping MU 
let see how practically it done.
ASML CEO Peter Wennink is skeptical about this trend. “It has taken decades to build a global frictionless semiconductor ecosystem. If you’re going to break this up into pockets of innovation, you’re going to increase cost. The knowledge to manufacture advanced semiconductors and associated materials and equipment is now concentrated in a few places in the world, which together form this seamless ecosystem. If you think you can replicate that within a very short term – it’s simply not possible. If governments are determined to do this, it will take years,” he warned at a press conference discussing Q4 2020 and FY2020 results.
Governments have years, even if it takes decades, they would do it. Semi is the future.
As building blocks of an ever-expanding array of applications, including (digital) infrastructure and military equipment, chips are not only pillars of economies, they also support the autonomy, security and sovereignty of nations.
The battle to control the future aka semi.
With Intel fallen behind and seriously considering outsourcing production, only TSMC and Samsung are left standing.
AAPL should acquire INTC. 1 AAPL for 10 INTCs.
Don’t let Samsung manufacture your M1. Acquire INTC and upgrade its fab.
Makes sense. Nice summary.
Hope you are not living under the rock, NVDA has been on FIRE for the past few days.
From low $500s to nearly $600…
Using EWT, my super-duper forecast (could be very wrong) is…
Target for wave 5.i = $678
Target for wave 5.v - $783
I have 250 shares 
Bet big or go home 
Below is a EW chart indicating the possible development of the prices, could be totally wrong and is not a financial advice to trade.
Hope you are not living under the rock => Me or you? 
NVDA peaked and it is going correct along with market now, within days…!
Sell all NVDA and buy AMRS, BBIO, MRNA and BNTX each $50k !
Is a five wave structure, up to you to interpret what it is. Your diagram clearly show is a five wave impulse
NVDA will not long last with this price now. My algo, may be wrong, but told me over valued and to sell !
It may even go one or two days above, but eventually it will fall back to $500 range, may be $520 soon.
Your algo is not wrong. Five wave impulse means a retracement would ensue.
However, your algo can’t tell whether it is,
wave (1)
wave i
wave 1
wave I
The retracement is for which impulse?
