In the new year, reaching new highs 🚀🚀🚀

The most exciting moment in my 2024 investment journey was when I first considered just diving into buying Super Micro Computer, SMCI. I really did not research the stock, but I was interested in learning more about the company. Suddenly, I had multiple Moomoo alerts, I was at the clinic seeing patients, and I had little time to really consider the risks.
I just saw the stock price starting to take a nose drivedown. I guess I got that huge "fear of missing out" moment and the oppor...

Last Friday, Chinese stock WiMi Hologram Cloud soared by an astonishing 77.5% after releasing multiple announcements about entering the quantum computing field, marking a 200% surge in just 10 days. At the same time, Rigetti Computing, dubbed the “Nvidia of Quantum Computing,” also closed up 10.62%, following a 36% rally the day before. Year-to-date, Rigetti’s stock price has skyrocketed nearly 1600%. Such re...

The main theme throughout this year, just like the interest rate cuts, is AI. But to be honest, this year's AI seems more like brewing, in the process of sedimentation. Because overall, there hasn't been any groundbreaking model like ChatGPT, or any disruptive applications, instead, it seems that technologically it has encountered bottlenecks. At least up to now, OpenAI’s model claiming to be GPT5 is still being continuously delayed.
This year's AI investments can generally be divided into three stages, summarized as follows: at the beginning of the year, NVIDIA's solo performance, mid-year AI skepticism, and the emergence of promising AI applications at the end of the year.
At the beginning of this year, NVIDIA once again exceeded Wall Street's expectations, showing a strong upward trend. First, at the Consumer Electronics Show CES in January, they showcased multiple new products, exciting investors. Then in February, in response to concerns from Wall Street, Jensen Huang gave a clear response, stating that demand will continue through 2025 and beyond. The earnings reports of major technology companies also indicate that they will continue to invest in datacenters, validating NVIDIA's statement of supply shortage. As a result, NVIDIA has led the way in the first three months of this year, driving the continuous growth of the chip and AI sector, which has supported the overall market, allowing US stocks to keep rising amid concerns of increasing inflation.
At this time, it can also be explained as funds flocking to major technology stocks. With inflation intensifying and the possibility of the Federal Reserve raising interest rates, investors will prioritize stocks with certainty and strong defensiveness, making major tech stocks undoubtedly the best choice.
As for the theme that has been prevalent throughout the year, similar to rate cuts, it is AI. But to be honest, AI this year seems more like brewing and settling. Overall, there hasn't been any groundbreaking model like ChatGPT or any disruptive applications. Instead, it seems that there are technological bottlenecks. At least up to now, OpenAI's model claiming to be GPT-5 has been continuously delayed for release.