Investing Thread

[MuggsyB]

Massive number for NVIDIA.  AI is a freight train from a market perspective. 

[MU82]

Massive number for NVIDIA.  AI is a freight train from a market perspective. 

[MuggsyB]

[/quote

I will admit I don't have a clear idea.  It just seems to me AI will continue to attract heavy investment. 

[JWags85]

I will admit I don't have a clear idea.  It just seems to me AI will continue to attract heavy investment. 

You set yourself up so easily with stuff like this, my man...

That being said, this felt like it was likely given the way Jensen Huang was talking the last week or so.  That being said, bubbles always attract heavy investment, that's what makes them bubbles.   AI is the Dot-Com Bubble all over again.  Tons of websites/companies that looks ridiculous in hindsight but fed off the fervor.  We see it right now with AI.  People use AI as a placeholder for algorithm or anything that is done on the back end and people lose their mind for it.  I'd say the main difference is that there are companies making bank off the AI trend that have actual tangible non-AI business (like NVDA for one), so they won't go to absolute zero like the dot com crash, but there is plenty of inflated valuations to claw back.

[The Sultan]

You set yourself up so easily with stuff like this, my man...

That being said, this felt like it was likely given the way Jensen Huang was talking the last week or so.  That being said, bubbles always attract heavy investment, that's what makes them bubbles.   AI is the Dot-Com Bubble all over again.  Tons of websites/companies that looks ridiculous in hindsight but fed off the fervor.  We see it right now with AI.  People use AI as a placeholder for algorithm or anything that is done on the back end and people lose their mind for it.  I'd say the main difference is that there are companies making bank off the AI trend that have actual tangible non-AI business (like NVDA for one), so they won't go to absolute zero like the dot com crash, but there is plenty of inflated valuations to claw back.

And while bubbles suck for the investors, I think they are actually pretty good for the underlying technology. The dot-com bubble is a great example of sorting out winners and losers, and it gave more discipline to those doing the investing in the future.

[Skatastrophy]

Massive number for NVIDIA.  AI is a freight train from a market perspective. 

Nvidia isn't an AI company, they're a 'shovel' company during this gold rush. 

I just wish they would do a better job with their consumer cards. The 5090 being their only offering with 32gb of memory is frustrating.

[MU82]

It was a crazy whipsaw of a day for the market. Up big for the first two hours, then dove like a hawk that spotted a rabbit. Finished down 1.5% (QQQ down 2% plus).

NVDA was up 5% but finished down 3%.

[MuggsyB]

It was a crazy whipsaw of a day for the market. Up big for the first two hours, then dove like a hawk that spotted a rabbit. Finished down 1.5% (QQQ down 2% plus).

NVDA was up 5% but finished down 3%.

I think investors have no idea what the Fed will do.