$Advanced Micro Devices (AMD.US)$ Fellow bagholders dont wor...
$Advanced Micro Devices (AMD.US)$Fellow bagholders dont worry, this is just panic dump by wallstreet due to outperformance of ASIC provider (AVGO MRVL), they simply assumed GPU is going to be replaced. ASIC r purpose built chips which perform better and efficiently in specific tasks, especially in ai training. GPU r general purposes, they can be used for any intensive computing purposes, including ai training. Both works hand in hand and have their own markets, ASIC providers r not true competitors for GPU maker like nvidia n amd. In fact nvidia is having the same price action as amd. Market shoot first then think later, the devil is in the details.
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OPLivingYears
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Afew days back Google releases a new quantum chip, market also go panic dump the chip stocks, such time is best opportunity to buy the winners at bargain
LivingYears : thanks for offering a different perspective to understand the dumping behaviour.
Sweee OP LivingYears : Afew days back Google releases a new quantum chip, market also go panic dump the chip stocks, such time is best opportunity to buy the winners at bargain