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`lag
Joined: 12/13/1999
Posts: 81,634
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My opinion?

I would be a bit nervous about buying in, even before this announcement. NVDA is priced for years of future profits. Very risky from that pov especially with this kind of news. A lot of those investors are Johnny-come-latelys and will get spooked out of the market as quickly as they came into it. Like someone said once, if the bums on the street have heard of a stock, it's probably overpriced. The bums have heard of NVDA by now. I'm still not impressed by AI. OK, I am eg, some device that detects cancer much earlier than a physician can looking at an Xray. Great. but... that's one small use case that of course could greatly improve someone's life but not really add wealth to the economy. Are there lots of use cases like that? Maybe/Dunno. Otoh, there was a three-story art exhibit at the MOMO in NYC AI generated art. Hated it, just bubbling and boiling and dots and an everchanging picture. Still kind of waiting for a real show-me moment: autonomous cars maybe? Put your destination in your car eg "Blacksburg" read a newspaper on your way there (w/o getting into an accident?) Maybe, gives you several hours of your time back while you travel. that would be useful. Heck, your car could be out Ubering while you sleep. who knows. But then again, I'm not aware of the thousands of project out there. I am worried about diminishing returns of computing though. at some point as marvelous as it is, adding more knowledge to an acre of farmland will not increase the amount of crops raised by much. I'd wait, I could see a second round of dropping. As always my thoughts are speculation and should not be considered as a solicitation of services or whatever else it is they put at the end of those info sheets. Consult your financial eight ball or even...wait for it... a financial AI application. (chuckle) PS looks like the day-traders pumped it up a couple points and after hours guys even more but don't know how heavy that is probably not a lot, all gets reversed in the morning but...there are some people buying the dip fer sure. ** Edited by `lag at 1/27/2025, 4:28:25 PM
Posted: 01/27/2025 at 01:48 PM ET
(In response to this post by soldcokesatLane)

Thread Replies (47)

Full Thread →
All you talking about NVDA last week- buy on the dip today?**
soldcokesatLane 01/27/25 12:37 PM ET
Bitcoin still over $100K**
UTPr0sim 01/27/25 07:09 PM ET
…this is your wake-up call. get to work**
chumley 01/27/25 06:40 PM ET
When in doubt, zoom out
HokieAl 01/27/25 05:19 PM ET
I had sold at $135, and was kicking myself for doing it. Now I'm easing
UEMcGill 01/27/25 03:57 PM ET
I was hoping for a broad market beat down to include AAPL
GOHOKEE 01/27/25 05:31 PM ET
I'll check that out. I've had good luck with Fidelity products. My big
UEMcGill 01/27/25 07:11 PM ET
My opinion?
`lag 01/27/25 01:48 PM ET
The near term economic value of AI is similar to offshoring
HokieAl 01/27/25 06:08 PM ET
We’re going to see a lot of data initiatives to get ready for the bigger
Vtskier1 01/27/25 08:43 PM ET
Not hard to imagine some dystopian world coming from that...**
`lag 01/27/25 06:53 PM ET
There’s a meme making the rounds that says something like
DJ Golf 01/27/25 03:43 PM ET
Makes sense, I kind of get that.
`lag 01/27/25 06:50 PM ET
Genetic AI most definitely IS a thing
turkeywinghokie 01/27/25 02:30 PM ET
You mean Agentic AI**
Beerman 01/27/25 03:28 PM ET
Haha. Saw the term about a 100 times last week at kick off
turkeywinghokie 01/27/25 03:34 PM ET
Not a typo
Beerman 01/27/25 04:10 PM ET
Oh I know what it is. My company is knee deep in it and I was referring to
turkeywinghokie 01/27/25 04:22 PM ET
Yeah, been doing some reading last hour...
`lag 01/27/25 02:38 PM ET
An interesting post from tomorrows farmers**
UTPr0sim 01/27/25 02:10 PM ET
Oh grate, you're going to send me down a rabbit hole...(but thanks)**
`lag 01/27/25 02:16 PM ET
AI market is freaking out that Chinese company came up with a darn good
ElbertoHokie 01/27/25 12:41 PM ET
Yep, NVDA days may be numbered. They SUPPOSEDLY have a way to do AI with
UTPr0sim 01/27/25 02:05 PM ET
You have to consider the source. Did they really do it for 6 million?
UEMcGill 01/27/25 03:57 PM ET
DeepSeek. It's already been hit by a cyberattack.**
Chris ColemanAdmin 01/27/25 01:21 PM ET
A relative who is in this area thinks there will be big upheaval on US side
Va AandM 01/27/25 01:08 PM ET
I'm betting they had the most advanced chips and used them even though
ElbertoHokie 01/27/25 02:02 PM ET
exactly, as something I just read said: (AI) is a bubble...
`lag 01/27/25 02:22 PM ET
American bureaucracy at its best.... **
Vtskier1 01/27/25 01:22 PM ET
Came up with...or stole/copied?**
vthokieq 01/27/25 12:46 PM ET
Considering that it uses much less compute power, wouldn't it not be?**
NokieHokie 01/27/25 01:36 PM ET
my bet is they are powering their AI engine with nvdia chipa
MrBayAreaHokie 01/27/25 04:39 PM ET
Well, they are communist, so what do you think ... ? 😏**
Will StewartAdmin 01/27/25 01:22 PM ET
Reporting you for political post
Gouker 01/27/25 02:03 PM ET
That's a bold statement there, Cotton...Let's see if it pays off... **
Burruss Writer 01/28/25 10:09 AM ET
Yeah, our capitalists are super honest and ethical! 😜**
NokieHokie 01/27/25 01:33 PM ET
You two are about to get a 7 day timeout.**
dolph 01/27/25 01:59 PM ET
Will should take one for the team here.
vthokieq 01/27/25 02:27 PM ET
Strange, Dusty Rhodes lost a retirement match, then somebody who sounded
KCHokie2 01/27/25 09:34 PM ET
That was the Midnight Rider.
vthokieq 01/27/25 09:40 PM ET
We're assuming he doesn't already have one. I'm guessing Nokie or hokiepro
AbsolutVT03 01/27/25 04:43 PM ET
Still Wewart should just come on here guns a blazin' calling the lot of us
BG Hokie 01/27/25 03:25 PM ET
yeah, but what can we do about it? nothing.**
`lag 01/27/25 01:05 PM ET
And it would cost a lot more than $6MM.... **
Vtskier1 01/27/25 01:19 PM ET
Why not some of both**
Va AandM 01/27/25 01:02 PM ET
Most tremendous ideas are both.**
hoosnowahokie 01/27/25 01:05 PM ET
If I had to guess...**
HokieNoVA 01/27/25 12:55 PM ET
Not sure. **
ElbertoHokie 01/27/25 12:54 PM ET