Honestly this is probably a good thing for Nvidia, this was a bubble, every one knew it was a bubble, we just didn’t know bad a ~20% is bad but only from a CEO wanting money perspective, the company will be just fine and now we know the floor and it’s still mountains above any other competitor.
I think the people who will bandwagon leave have just left, they will come back but it’s unlikely that More than this will bandwagon leave the next time, meaning the bubble has popped, it can always go lower like all stock but not because it’s a bubble just because it naturally drops and another bubble can form but this one has popped.
Nvidia was in the news last week with plans to build a $1B (or somesuch) AI super data center. Anyone know if that proverbial check got cashed before this weekend? If I were Nvidia’s CEO I would table that datacenter plan for a bit.
Honestly this is probably a good thing for Nvidia, this was a bubble, every one knew it was a bubble, we just didn’t know bad a ~20% is bad but only from a CEO wanting money perspective, the company will be just fine and now we know the floor and it’s still mountains above any other competitor.
One red day and you think we know the floor?
Yeah, every time when something goes down, it briefly rebounds and go deeper later.
I think the people who will bandwagon leave have just left, they will come back but it’s unlikely that More than this will bandwagon leave the next time, meaning the bubble has popped, it can always go lower like all stock but not because it’s a bubble just because it naturally drops and another bubble can form but this one has popped.
Nvidia was in the news last week with plans to build a $1B (or somesuch) AI super data center. Anyone know if that proverbial check got cashed before this weekend? If I were Nvidia’s CEO I would table that datacenter plan for a bit.
Mega projects aren’t a done deal until they are done, see Saudi Arabia for details.