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
Thread Replies (47)
All you talking about NVDA last week- buy on the dip today?**
-- soldcokesatLane
Jan 27, 2025 at 12:37 PM ET
soldcokesatLane
•
01/27/25 12:37 PM ET
…this is your wake-up call. get to work**
-- chumley
Jan 27, 2025 at 06:40 PM ET
chumley
•
01/27/25 06:40 PM ET
I had sold at $135, and was kicking myself for doing it. Now I'm easing
-- UEMcGill
Jan 27, 2025 at 03:57 PM ET
UEMcGill
•
01/27/25 03:57 PM ET
I was hoping for a broad market beat down to include AAPL
-- GOHOKEE
Jan 27, 2025 at 05:31 PM ET
GOHOKEE
•
01/27/25 05:31 PM ET
I'll check that out. I've had good luck with Fidelity products. My big
-- UEMcGill
Jan 27, 2025 at 07:11 PM ET
UEMcGill
•
01/27/25 07:11 PM ET
The near term economic value of AI is similar to offshoring
-- HokieAl
Jan 27, 2025 at 06:08 PM ET
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
Jan 27, 2025 at 08:43 PM ET
Vtskier1
•
01/27/25 08:43 PM ET
Not hard to imagine some dystopian world coming from that...**
-- `lag
Jan 27, 2025 at 06:53 PM ET
`lag
•
01/27/25 06:53 PM ET
There’s a meme making the rounds that says something like
-- DJ Golf
Jan 27, 2025 at 03:43 PM ET
DJ Golf
•
01/27/25 03:43 PM ET
Genetic AI most definitely IS a thing
-- turkeywinghokie
Jan 27, 2025 at 02:30 PM ET
turkeywinghokie
•
01/27/25 02:30 PM ET
Haha. Saw the term about a 100 times last week at kick off
-- turkeywinghokie
Jan 27, 2025 at 03:34 PM ET
turkeywinghokie
•
01/27/25 03:34 PM ET
Oh I know what it is. My company is knee deep in it and I was referring to
-- turkeywinghokie
Jan 27, 2025 at 04:22 PM ET
turkeywinghokie
•
01/27/25 04:22 PM ET
Yeah, been doing some reading last hour...
-- `lag
Jan 27, 2025 at 02:38 PM ET
`lag
•
01/27/25 02:38 PM ET
An interesting post from tomorrows farmers**
-- UTPr0sim
Jan 27, 2025 at 02:10 PM ET
UTPr0sim
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01/27/25 02:10 PM ET
Oh grate, you're going to send me down a rabbit hole...(but thanks)**
-- `lag
Jan 27, 2025 at 02:16 PM ET
`lag
•
01/27/25 02:16 PM ET
AI market is freaking out that Chinese company came up with a darn good
-- ElbertoHokie
Jan 27, 2025 at 12:41 PM ET
ElbertoHokie
•
01/27/25 12:41 PM ET
Yep, NVDA days may be numbered. They SUPPOSEDLY have a way to do AI with
-- UTPr0sim
Jan 27, 2025 at 02:05 PM ET
UTPr0sim
•
01/27/25 02:05 PM ET
You have to consider the source. Did they really do it for 6 million?
-- UEMcGill
Jan 27, 2025 at 03:57 PM ET
UEMcGill
•
01/27/25 03:57 PM ET
DeepSeek. It's already been hit by a cyberattack.**
-- Chris Coleman
Jan 27, 2025 at 01:21 PM ET
Chris Coleman
•
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
Jan 27, 2025 at 01:08 PM ET
Va AandM
•
01/27/25 01:08 PM ET
I'm betting they had the most advanced chips and used them even though
-- ElbertoHokie
Jan 27, 2025 at 02:02 PM ET
ElbertoHokie
•
01/27/25 02:02 PM ET
exactly, as something I just read said: (AI) is a bubble...
-- `lag
Jan 27, 2025 at 02:22 PM ET
`lag
•
01/27/25 02:22 PM ET
American bureaucracy at its best.... **
-- Vtskier1
Jan 27, 2025 at 01:22 PM ET
Vtskier1
•
01/27/25 01:22 PM ET
Came up with...or stole/copied?**
-- vthokieq
Jan 27, 2025 at 12:46 PM ET
vthokieq
•
01/27/25 12:46 PM ET
Considering that it uses much less compute power, wouldn't it not be?**
-- NokieHokie
Jan 27, 2025 at 01:36 PM ET
NokieHokie
•
01/27/25 01:36 PM ET
my bet is they are powering their AI engine with nvdia chipa
-- MrBayAreaHokie
Jan 27, 2025 at 04:39 PM ET
MrBayAreaHokie
•
01/27/25 04:39 PM ET
Well, they are communist, so what do you think ... ? 😏**
-- Will Stewart
Jan 27, 2025 at 01:22 PM ET
Will Stewart
•
01/27/25 01:22 PM ET
Reporting you for political post
-- Gouker
Jan 27, 2025 at 02:03 PM ET
Gouker
•
01/27/25 02:03 PM ET
That's a bold statement there, Cotton...Let's see if it pays off... **
-- Burruss Writer
Jan 28, 2025 at 10:09 AM ET
Burruss Writer
•
01/28/25 10:09 AM ET
Yeah, our capitalists are super honest and ethical! 😜**
-- NokieHokie
Jan 27, 2025 at 01:33 PM ET
NokieHokie
•
01/27/25 01:33 PM ET
You two are about to get a 7 day timeout.**
-- dolph
Jan 27, 2025 at 01:59 PM ET
dolph
•
01/27/25 01:59 PM ET
Will should take one for the team here.
-- vthokieq
Jan 27, 2025 at 02:27 PM ET
vthokieq
•
01/27/25 02:27 PM ET
Strange, Dusty Rhodes lost a retirement match, then somebody who sounded
-- KCHokie2
Jan 27, 2025 at 09:34 PM ET
KCHokie2
•
01/27/25 09:34 PM ET
That was the Midnight Rider.
-- vthokieq
Jan 27, 2025 at 09:40 PM ET
vthokieq
•
01/27/25 09:40 PM ET
We're assuming he doesn't already have one. I'm guessing Nokie or hokiepro
-- AbsolutVT03
Jan 27, 2025 at 04:43 PM ET
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
Jan 27, 2025 at 03:25 PM ET
BG Hokie
•
01/27/25 03:25 PM ET
yeah, but what can we do about it? nothing.**
-- `lag
Jan 27, 2025 at 01:05 PM ET
`lag
•
01/27/25 01:05 PM ET
And it would cost a lot more than $6MM.... **
-- Vtskier1
Jan 27, 2025 at 01:19 PM ET
Vtskier1
•
01/27/25 01:19 PM ET
Most tremendous ideas are both.**
-- hoosnowahokie
Jan 27, 2025 at 01:05 PM ET
hoosnowahokie
•
01/27/25 01:05 PM ET