valuemind: NVDA
Heard Zack's head of equities strategies or whatever say this morning on CNBC's London show that NVDA is going to lose its luster as companies engage in alternative strategies for their AI computing. In other words, NVDA has "jumped the shark", as TV viewers use to say.
Also, the flood of IPO's of AI companies reminds him of 1999; in other words, we are near the end othe end of the AI stock bubble.
I have put my interpretation on what he said, because it was 4:30 a.m. and I had not hit the hay yet!
My takeaway is to be careful with AI stocks, including NVDA.
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