NVDA BULL IDEA
This is being bought so strongly today for 2 main reasons.
1) Microsoft’s AI commentary and CAPEX projections. This is very different from Google.
Microsoft has significant revenue generating AI applications (CoPilot) already and even has an inside look into the leading AI company on earth which happens to be a private company, OpenAI. No other public company has insight like this.
They’re seeing the exact numbers, demand, etc. for OpenAI’s consumer and enterprise offerings which is arguably the most important gauge of AI sentiment outside of Nvidia. Remember the Apple partnership?
2) AMD earnings. If AMD is seeing the type of demand and growth they’re projecting then imaging what Nvidia is seeing.
AMD said they’re not seeing any slowdown in AI product demand going into/past 2025. This looks like a gap and go reversal on strong news/sentiment which typically indicates a bottom.
I’ve been saying we’re close and I think today solidified it.
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TellYouLater : Yup agree, except that AMD's results were not really that fantastic hence the fast gap down
Salmon Klein TellYouLater : results were fantastic but guidance apparently was not as spectacular as scammers from.Wall Street wanted to hear so decided to keep on retiring money...don't worry this is a long term investment and if patterns repeat and we see a good quarter from AMD money will flow in and boost it back to 200...
Fox River : NVIDIA SHOULD NOT HAVE RISEN AND MESSED UP THE FUNDS.