Is this AI PC chip an all-in-one i.e. CPU + GPU + AI chip + chipsets?
Apple has seen this miles away. Or Apple is the reason why ARM is so popular. iPhone has been powered by ARM since 2007’s release. Mac started powered by ARM since 2020.
Vaguely recalled Jensen announced the price during the NVDA conference. My feeling Apple is buying GB200 or worse case B100 chips for their DCs. Delaying for a year, Apple gets 4x performance for the same price as H100s.
This type of comment from Beth is surprising. Cyclical stocks always appear the cheapest e.g low P/E at the peak of the cycle. Is Beth think NVDA is not a cyclical stock? Semi are known to be cyclical stock.
Look like wave I.5.v has yet to be completed… need to check chart… out of town, so can’t check till Sat.
Btw, I would rather ride a 20-30% price decline than to short NVDA. Corporate that are buying NVDA server chips are cash rich companies e.g. MSFT, META, GOOG, TSLA… so it will take awhile before they run out of money. Also, Jensen has been promoting governments to set up AI factories, some governments would bite which should sustain the mad rush to buy NVDA server chips for another 3-5 years.
Jul 17, 2024
Pattern of wave 4 is clearer now. Three possible price targets for this double three/ flat pattern.
Completed today (double three), $115, $110 (flat).
Aug 5, 2024
Previous counts are obviously incorrect. From $10.80 to $140.76 is a Cycle (multi-year) degree impulse. So far, NVDA has retraced 38.2% of this impulse. 40-week SMA is at $84.
Jul 24, 2024
Knox’s view… He opines below $103 invalidates his count… my computation indicates below $105 invalidates the flat pattern… below $90, count is most likely incorrect.
Two-hourly chart… if bounce 2mrw, a bullish divergence would develop…
NVDA faces both US and China headwinds.
US: Want to restrict sale of NVDA chips to China to stall their progress in AI and chip design/manufacuturing.
China: Want to restrict import of NVDA chips to spur innovation of home grown chip makers.
