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Spotlight on SMCI Open Storage Summit '24: Can it ignite a new AI wave?
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$NVIDIA (NVDA.US)$ Current problems in the stock market. Bea...

$NVIDIA (NVDA.US)$ Current problems in the stock market.
Bearish factors are not the main cause, the real culprit is the excessive rise.
As long as there is a good outlook for artificial intelligence (AI), there is no bubble concern in the stock market, this is a serious misunderstanding. How about the earnings reports?
Correct views on new technologies and xinjingji do not mean that the market will not overreact or that bubbles will not be generated. Are there too many orders placed too early in the market? Is the main business profitable?
The biggest irrationality in investing is not being willing to see others making money and becoming the last fool to be trapped. Aren't there a bunch of people buying Special X and NVDA stocks?
Other problems include high financing, borrowing, etc.
The solution: Remember Buffett's words: "Sitting tight is often the wise choice", don't rush to sell, and wait for the storm to pass.
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  • Simon 5183 : 1. Too much increase? NVDA began the spin-off on June 27, 2000, when the stock price was too high. It has been rising too much for over 20 years? Nonsense! 2. Do only 2 GPU manufacturers in the world need to read financial reports? 3. 70% of listed companies in the US stock market lost money. Amazon lost money 20 years after listing. They didn't start making money until the 3rd quarter of 2015, and NVDA continued to make money.

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