did you see how fast it rebounded?
$NVIDIA (NVDA.US)$ yes, AI is dead, yes, you never actually wrote a line of python code or trained a transformer model or a neural network and you listen to the same analysts the old hogs living in their castles they have no idea what AI will bring to society they have zero idea and they run these stupid calculations in their heads they say it's overvalued because AI should have XXX market cap but they actually have no idea because this has never happened before in history so guess what they end up just following the price when the price rises they say to buy they raise their price target and then when the price falls they call the top and lower their price targets. it's a sham business only a few analysts know what they're talking about and i only listen to them but again i never trust price targets i only listen to their analysis and rationalizing
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
aims to identify stocks with rock solid growth fundamentals with 10x potential. also dabbles a little bit in trading
325Followers
124Following
1753Visitors
Follow
MomentumPython1337 OP : i have the channel checks i have insiders in the industry i tell you what, even nvda people are surprised at the fucking demand for their gpus they're sold out all the way they can't meet the demand. even elon said it he says a lot of stuff all the time but he said they have to make their own inferior chips for the time being after buying those 100k H100s because nvda just can't meet that immense demand. they would love to buy even more nvda gpus but they just can't because nvda needs to sell to other customers and everybody wants to buy the gpus.
amd don't even tell me about it I've used their gpus at work I'm an AI engineer i train these models for a living and AMD gpus AMD software RocM it's a terrible piece of shit it's a pain to work with. if i have a deadline to meet real world deadlines our clients need results from our AI models because they actually help their business these models lead to BILLIONS of dollars of profit or cost saving compared to human experts so they trust the AI models it complements the human experts and guess what if I were to use AMD gpus instead of Nvda gpus it's going to slow the project down because I've got to fix all these stupid bugs and issues I've got to install a completely different software stack I've got to run the unit tests and check that i get the same numerical results the same inference speed and that takes weeks to months and that's going to delay the project and the client can't have that, my boss can't have that, so guess what we buy more NVDA gpus we suck it up because the cost's well worth it, we make 10x to 100x the cost the cost is nothing to us and so we pay for it and we get the work done. that's how i know i need to buy more nvda shares.