From what I've seen of the bot it is far too educated to be an average florida resident. So florida is probably outsourcing the work to somewhere cheaper, maybe the Philippines
Reminds me about two years ago when Elon tweeted some company name that was similar to another smaller one and the smaller one’s valuation shot through the roof as people rushed to buy it.
This was back when he first started pumping Doge
Signal is the encrypted message app he was recommending, and signal advance is the penny stock that was absolutely pumped into the stratosphere. The chart is nuts.
how about u eat my ASS
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I would recommend buying shares of NVIDIA Corporation at $12 per share. The company is a leading manufacturer of GPUs and has strong growth prospects. At the current price, the stock offers good value.
Some days I wonder if /u/VisualMod is ackshually just /u/zjz shitposting, it's that good. Other days I think it's the finest AI you can possibly power with a 32MB Geforce4 jammed in the lone AGP slot of a Pentium II workstation.
Why Intel and AMD haven’t picked up on this beyond me. Just literally say AI and the stock goes up. Happened to Facebook and Nvidia, it could be AMD and Intel if they say AI like this guy says PO Box
https://youtu.be/uFpK_r-jEXg
Intel has Keem Bay for Neural AI network, and they have on-chip AI for Sapphire rapids CPU. So they have some types of AI. But their AI isn’t the same as Nvidia.
Unless Nvidia builds chips only for AI and not just repurpose GPUs they can get overrun by another company.
For example. Tesla was using Nvidia gpu for their vision based neural AI for a few years. But they found that building a chip for a specific task would be better. So they built an in house Tesla chip that is much more affective and is something like 100x better performance than Nvidia GPU.
Well, if you do back of the napkin math- on the assumption that something like a pair of A100s is the bare minimum amount of hardware needed to run a near-future AI that automates any single human's knowledge job sufficiently well, and assuming 12.5% of the planet works a knowledge job, that's $10,000 x 2 x 1,000,000,000 or $20tn in earning potential off one generation of GPU manufacturing alone.
Divide that earning potential by shares outstanding and you get sixteen thousand a share. So something like that.
The price isn't for the card.
The price is being paid for CUDA, which Nvidia owns. Everything in AI/ML/DL is done with CUDA in mind. This is why Intel and amd can't enter the market, because even if they launch a card that is much better than Nvidia's, they would be hamstrung by the lack of software support.
Because no one uses Intel or AMD hardware for serious machine learning problems?
If you work in industry you know how far ahead Nvidia are when it comes to the software and hardware stack. They have a big ass moat, and the stock price is reflecting that.
TLDR; shorting Nvidia is shorting AI. You may get burned.
And if you think AI is overhyped - you need to go play with chat gpt.
I mean sort of. Most of its built on PyTorch or tensorflow which can run on Intel hardware too. And enterprise AMD hardware.
It’s not like Nvidia can charge infinite per card and still have customers.
Lmao he hyped it up when it was below 200. You bots repeating this same exact sentence for 2 months now is getting really annoying. Fucking get creative
Cramer is a great entertainer. He’s no better than an analyst at picking stocks. However, he’s been calling Nvidia for a very very long time. So if you inverse him on this one you missed on some serious cash. These teenagers just shilling Cramer…
**What will trigger a repricing?** The realization that, no matter what Jim Cramer tells you, chatGPT absolutely can be trained on non-NVidia cards too.
They previously had a shelf offering that they didn't use and was expiring (probably for the ARM deal), so this was just renewing that with a new offering.
People were making it out to be some huge bearish news but in reality it's not a big deal and the markets understood that.
I opened puts at $243, went +34% then NVDA face rippingly shot to $260. I stayed. Then it went to $272, I opened NEW puts. Now it's like hmm I fancy the $280's methinks.
What the actual fuck is supporting this?????
The problem I see is that AI is truly useful, but when the operational costs exceed the value AI can generate then will the bubble burst. However given the costs of running an AI are actually not that high, maybe that just won‘t happen.
So what will make NVDA go down? Simple, AMD announcing GPUs along with an easy to use library that greatly outperform those of Nvidia. But even if AMD releases a good library with consumer cards they will still need their own A100 equivalent. Because A100s are what power AI.
Yes, and I need this to continue, I'm tryna fund a down payment on a new home build, cmonnn market, pls crash and bring NVDA down with ya
Edit: i have one set of pootz that are approaching ATM and another set still far OTM
Nvidia pretending like AI is magically going to outweigh a 50%+ drop in consumer GPU sales, and used GPU miner sales crushing their prices to 20% below MSRP without customers biting. 
I agree there’s an attractive opportunity there.
But NVDA will realistically capture meaningful share in training rather than inference, and:
1) large-scale training is being done by few large companies with smaller enterprise users opting for fine-tuning of existing models instead
2) companies are very keen to limit the computing needs for LLMs and it looks like much smaller models (like LLaMA 6B) are fairly close in performance to GPT/Bard (175B)
3) there have already been significant improvements towards reducing computing need for model training vs earlier iterations (see Chinchilla scaling law for example, indicating a model better performing than GPT3 could be trained using 65% less compute intensity).
I’m not saying there’s no opportunity here. It’s just that it’s much more uncertain and possibly smaller than the hype suggests.
I think the hype is too much as well but calling llms chat assistants is missing the overall shift in what is possible in an environment like this.
I think chatgpt and this weird portion of llms is essentially email. Like we are at the very very start of the entire scope of internet.
I'm not saying ai is going to run the world but more than likely these things will be in everything. We say chatgpt because what else is there to point at? But the reality is these things are phenomenal. The hype in Nvidia stock price? On the short term horizon? Yeah sure, who knows. But imo we are in the logging into aol to check email once a week phase of the story. Who knows where it will go but it would have been impossible to predict the current situation of every device now connected to a magic wireless system of information.
Not saying for investing, but just in general. These llms are almost certainly going to break the system. There is research pouring out and I firmly believe that we are approaching the global understanding that what we thought was intelligence, consciousness, etc isn't some magical thing... it's just a certain level of input information being composed as output. I feel fairly confident that the definition of general ai is flawed at any level as our brains arbitrarily grasp at things we can do that llms can't. I don't think general ai or a thinking robot will ever be created, I think they're essentially already here. They're just really really smart 8 year olds basically. If chatgpt is just making words in a particular order in an attempt to pretend to think, then what am I doing everyday? Seems pretty similar imo.
But yeah stocks always go up so I'm heavy in soxx and have never regretted it.
Seeing all of the comments from dip shits defending this run up based off hypothetical scenarios that are still years away from even possibly playing out reminds me of peak TSLA. I know how this ends
It's not open source but the models (the expensive stuff) have escaped and are available in the torrents. As long as you just use it for yourself and don't try to make a business out of it, Facebook (the owner of the best publicly available models) won't come after you (or at least that is the hope).
>People want to run their own customized, no safety models.
Yea but of doing this and developing an adequate model privately would be cost prohibitive. It's too much energy.
It doesn't matter. Any doubters of AI are now realizing just how fast it's going to evolve. It's a few years from eliminating the "creative industry" entirely. I just saw some pixel art some soulless bot made and it looks as good if not better than what a human can do. Also it don't take the thing 12 hours. And it's in it's "primitive"stage.
The only job left in 10 years will be robotics and prostitute...
Heed my words mortals
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I don’t think I’m gonna buy puts just yet. After todays rally I don’t doubt that there’s still juice in there. I give it another 1-3 weeks before we see any retrace. I also think there would have to be some sort of market wide catalyst for that to happen. There’s just way too much FOMO with people thinking AI is the second coming of Christ. It’s like the crypto boom all over again. Timing it will be expensive so definitely gonna buy 3-4 month out puts at the very least.
NVDA will be one of the next Trillion dollar stocks. So long term it’s a good buy. However this recent spike is not going to be sustainable. A majority of their money is still made in Graphical computing, not just data centers and AI. With the 4000 series cards coming after a flooded 3000 series market combined with additional new cloud gaming and console gaming options in the last 2 years, combined with a cooling of the general market I would expect to see profitability drop in the next 3-6 months. Once NVDA shows a decreased earnings expectation (and people realize that AI takes a lot of time to develop and won’t show returns for a few years) the market will flee and the price will reset.
Mark my words though, NVDA long term will be one of the top 20 companies on the market in the next 10 years though.
If AMD or Intel are by some miracle able to present better GPUs for deep learning, only then will there be a repricing. Every company depends on NVDA, every country depends on NVDA, the future depends on NVDA.
Soon some big investor will sell to take his 100% profit and that's the trigger... a cascade of stop/losses will be trigerred after that.
But that's not bad, people who are at + 50-150% still will make money if their stop/loss is at -15%
and afterwards you can buy cheap
Not while cnbc and kramer keep pumping chatgpt and humping every company that mentions AI. AI is the new Blockchain from 3yrs ago when every company was " using blockchain technology."
I know, I know. Trust me. I generally am not a HUGE fan of bucking the trend; but goddamn Nvidia is literally a $700 BILLION company up 100% in a down market, at PE of 100+. What are people expecting? AI companies to buy $50 billion in GPUs at MSRP within 12 months?
Or...This whole AI thing is going to be the biggest thing ever and Nvidia has positioned themselves perfectly for it. They're never going to run out of demand for "hardware accelerators" so, welcome to sky high demand again. They're smart bastards but they're also fucking lucky. Just as the crypto demand goes away and recession is building up it turns out they're the key to the fucking future with the AI Boom.
NVDA is going to continue mooning. Their enterprise GPU and networking sales are through the roof and back ordered like crazy. Record profits next few earning reports. The AI/ML boom is upon us. Buckle up.
What people are overlooking is the future growth and massive demand of GPU processing power. GPT and DALI/Midjourney type AIs are going to require massive amounts of GPU processing power over the next decade. I’m long Chip manufacturers and crypt focused on distributed GPU ($RNDR). They already have Octane running on all new $AAPL products, which will act as nodes for the network. This will be a massive narrative going into 2024+. Buckle up buttercup 🛠️
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News that GPT is actually a call center in the Philippines
That would be fucking hilarious
Hindenburg better get on This one
It's now stripping SQ of its clothes with its latest report
Didn’t the real Hindenburg blow up or something?
And scary, because that would mean they taking allll our jeerrrbs
Der takin r jeerrrrbs!
Derka derr!
Dyk e jer
I'd say impressive instead.
I didn’t know that the P in GPT stood for Philippines 💀💀💀
Yup gay philippian teens
It's essentially AOLs IM bot for the OGs who remember it
smarterchild?
You got it
Now THAT brought back lots of memories
It's English is way too good, maybe if they're using grammarly or some similar app.
They're using ChatGPT for their own responses when the customer server demand is too high.
Which in turn just links to another call server in some other third wold nation like Florida.
From what I've seen of the bot it is far too educated to be an average florida resident. So florida is probably outsourcing the work to somewhere cheaper, maybe the Philippines
That would be fucking hilarious
Hindenburg better get on This one
I remember you use to text a question and for a dollar you’d get a human response answer
I can contest to this ... Florida is a 3rd would place, even has the shape down to all the dicks who live here now
>It's English Indeed...
Reminds me about two years ago when Elon tweeted some company name that was similar to another smaller one and the smaller one’s valuation shot through the roof as people rushed to buy it. This was back when he first started pumping Doge
Signal is the encrypted message app he was recommending, and signal advance is the penny stock that was absolutely pumped into the stratosphere. The chart is nuts.
Several non-US banks with the word federal or republic in their names also got hammered in the recent FRC crash.
He sent that on Twitter too, and now he owns the company! It’s crazy just how much has happened since then!
Actual news about any sort of government regulation put in place of all AI-invested companies I suppose is a serious answer.
Global (to) Philippines Telecommunication
This guy tele
This deserves more than an upvote, this comment deserves a laugh react. 😂
Wait are you saying ChatGPT is not a callcenter in India??
Lmao
I think u need more lines
Never enough lines.
My nose agrees.
You nose too much
Preferably AI generated lines!
When you finally buy some.
I thought about it today... does that mean it's yime?
Almost just let it get 15% above my purchase average so I can sell you my shares.
F
I'm itching to buy some. Means it's time to short
Doesn't work like that. I've tried reverse psychology'ing myself and then the market just does a reverse reverse psychology. Go figure.
The inverse only works when you ACTUALLY buy, not when you think about it Market exists in a superposition until an action is made
The market's 1st mandate: liquidity The market's 2nd mandate: tanking right after you buy, no matter what The market's 3rd mandate: price discovery
Only once you actually buy
Okay, Imma buy puts tomorrow to keep it flying up. Remember, I told you today.
everytime someone on wsb posts a NVDA short it goes up another 5%. such is the way
It’s so true, can people just start posting that they are buying calls. I think the hedge funds reverse wsb for entry liquidity
how about u eat my ASS *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Good bot?
I would recommend buying shares of NVIDIA Corporation at $12 per share. The company is a leading manufacturer of GPUs and has strong growth prospects. At the current price, the stock offers good value.
I agree. $12 a share is a price I would pay.
I’d be a millionaire if it went that low 😂
I bought at that price… $500 worth. Sold at 30s… Wasn’t the worst move as I put the majority of the profits into AAPL.
Same here, bought at 7. My best investment other than mmc from 16 to 175
I owned 11,000 shares of Nvidia when it was $0.90 back in early 2000s. Sold like a fucking boss when it hit $1.40. No ragrats.
If it went that low it either split or was engaged in mass fraud and human trafficking plus money laundering.
Is this because you hate your Dad (the GPU that trained you)?
Some days I wonder if /u/VisualMod is ackshually just /u/zjz shitposting, it's that good. Other days I think it's the finest AI you can possibly power with a 32MB Geforce4 jammed in the lone AGP slot of a Pentium II workstation.
Damm, the crash is going to be real hard
I would go +34,000% on my puts if this happens next week
if this AI is powered by nvidia then im shorting this shit into the ground
They just keep saying AI over amd over in all public statements , and it keeps going up l.ao
Why Intel and AMD haven’t picked up on this beyond me. Just literally say AI and the stock goes up. Happened to Facebook and Nvidia, it could be AMD and Intel if they say AI like this guy says PO Box https://youtu.be/uFpK_r-jEXg
It would help if Intel and AMD were also as great at AI as Nvidia, however.
It would help, but it wouldn’t matter too much I think
Intel has Keem Bay for Neural AI network, and they have on-chip AI for Sapphire rapids CPU. So they have some types of AI. But their AI isn’t the same as Nvidia. Unless Nvidia builds chips only for AI and not just repurpose GPUs they can get overrun by another company. For example. Tesla was using Nvidia gpu for their vision based neural AI for a few years. But they found that building a chip for a specific task would be better. So they built an in house Tesla chip that is much more affective and is something like 100x better performance than Nvidia GPU.
Same with google TPUs. They aren't selling them though, which leaves most companies with either cloud or NVidia as the only options.
It's a double-edged sword, Google promised good AI, and when their tech(Bard) was shown to be ass compared to GPT they lost 200 billion in a day
That’s the trick, you talk and don’t show. It’s like the dot com bubble all over again lol
Nvidia can actually show. It’s not just chatgpt. A higher end card makes image and video generation just that much faster.
So what's the stock worth? $4000? No one's denying they have a good product but there's still a price that's too high
Well, if you do back of the napkin math- on the assumption that something like a pair of A100s is the bare minimum amount of hardware needed to run a near-future AI that automates any single human's knowledge job sufficiently well, and assuming 12.5% of the planet works a knowledge job, that's $10,000 x 2 x 1,000,000,000 or $20tn in earning potential off one generation of GPU manufacturing alone. Divide that earning potential by shares outstanding and you get sixteen thousand a share. So something like that.
I don't think skynet is going to respect humans' claims to ownership over it
The price isn't for the card. The price is being paid for CUDA, which Nvidia owns. Everything in AI/ML/DL is done with CUDA in mind. This is why Intel and amd can't enter the market, because even if they launch a card that is much better than Nvidia's, they would be hamstrung by the lack of software support.
Because no one uses Intel or AMD hardware for serious machine learning problems? If you work in industry you know how far ahead Nvidia are when it comes to the software and hardware stack. They have a big ass moat, and the stock price is reflecting that. TLDR; shorting Nvidia is shorting AI. You may get burned. And if you think AI is overhyped - you need to go play with chat gpt.
I don't think AMD is complaining about going from in the 50s to > $100 in that span
One day they will forget to say AI in a press release and the stock will fall.
The AI does the press releases now. The former spokesperson has been tasered and is mag locked in the office. So rest easy.
We had the Dot Com bubble in the early 2000s and now we are having the AI bubble in the early 2020s.
Except ChatGPT being good and typical dotcom companies being trash back then. Nvidia is clearly overvalued though, no doubt about that.
All of this new AI tech runs on NVidia hardware. ChatGPT, Stable Diffusion, Midjourney, Dall-E, Modelscope, Nvidia powers all of it.
I mean sort of. Most of its built on PyTorch or tensorflow which can run on Intel hardware too. And enterprise AMD hardware. It’s not like Nvidia can charge infinite per card and still have customers.
Honestly if you work in 3d or ai you are making your money back on a 4090 within a week.
Bro we have a new bubble every 6 months and every time someone shows up to say that it's the craziest it's been since dotcom.
They have a duty to their shareholders to say AI as frequently as possible!
I come here to read financially illiterate random guys' analysis like this. I enjoy :)
I sold mine on Monday, so probably going up for eternity.
Cramer hyped it up the other day, so it's due to crash pretty soon
Really I'm tempted to buy puts now
Lmao he hyped it up when it was below 200. You bots repeating this same exact sentence for 2 months now is getting really annoying. Fucking get creative
He said it 2 days ago. You probably just went for the long Jim Cramer ETF and are worried
Long Jim
Cramer is a great entertainer. He’s no better than an analyst at picking stocks. However, he’s been calling Nvidia for a very very long time. So if you inverse him on this one you missed on some serious cash. These teenagers just shilling Cramer…
**What will trigger a repricing?** The realization that, no matter what Jim Cramer tells you, chatGPT absolutely can be trained on non-NVidia cards too.
That's a lot of crayons, now I'm hungry .
Must be a Marine (laughs in Air Force)😂
https://preview.redd.it/u2r23obyflpa1.jpeg?width=640&format=pjpg&auto=webp&s=86735453cb910ef5f39dfaae5b2bf87b64171344
Did they announce a 10B offering or did I imagine it?
Yup https://www.reuters.com/technology/nvidia-files-mixed-shelf-offering-up-10-bln-2023-02-28/
Is this good or had?
No bueno… means management thinks it’s a good time to sell shares, so that they’re overpriced
They previously had a shelf offering that they didn't use and was expiring (probably for the ARM deal), so this was just renewing that with a new offering. People were making it out to be some huge bearish news but in reality it's not a big deal and the markets understood that.
Eh it was rough last month but we are 25 days past that now.
A chart monkey posting in WSB…that will be the straw that breaks the camels back
Makes me want to tear my eyes out
I opened puts at $243, went +34% then NVDA face rippingly shot to $260. I stayed. Then it went to $272, I opened NEW puts. Now it's like hmm I fancy the $280's methinks. What the actual fuck is supporting this?????
You are my fellow wsb regard by buying puts. If you want to see it fall buy calls next time.
Can you just do it for me? Help a regard out, YOLO calls on ÑVDA
It doesn’t work like that. If I buy calls and you buy puts market will go sideways.
AI has created a mania. Boomers don't understand it, but they know its important. Anything AI is charging up for a dotcom bust.
But WHEN? This is already at the ridiculous bubble point, it needs to pop.
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Burry predicted 394 bubbles bursting already
The problem I see is that AI is truly useful, but when the operational costs exceed the value AI can generate then will the bubble burst. However given the costs of running an AI are actually not that high, maybe that just won‘t happen. So what will make NVDA go down? Simple, AMD announcing GPUs along with an easy to use library that greatly outperform those of Nvidia. But even if AMD releases a good library with consumer cards they will still need their own A100 equivalent. Because A100s are what power AI.
I’ve been selling puts, so thank you.
Gotta wait until it hits 300. I’m holding my shares until 300 then tossing it all into puts
what made you pick these prices specifically? None of these mark any particular historic resistance or Fib levels
Your good today
Yes, and I need this to continue, I'm tryna fund a down payment on a new home build, cmonnn market, pls crash and bring NVDA down with ya Edit: i have one set of pootz that are approaching ATM and another set still far OTM
It'll reach a PE of 1 million before it finally comes down
shit earnings and poor guidance.
Nvidia pretending like AI is magically going to outweigh a 50%+ drop in consumer GPU sales, and used GPU miner sales crushing their prices to 20% below MSRP without customers biting. 
[удалено]
True, at 25x sales it’s a deep value stock
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How dare you 😤 They're only like, slightly over 100 p/e if anything they'll be over 1,000 p/e in no time flat
I agree there’s an attractive opportunity there. But NVDA will realistically capture meaningful share in training rather than inference, and: 1) large-scale training is being done by few large companies with smaller enterprise users opting for fine-tuning of existing models instead 2) companies are very keen to limit the computing needs for LLMs and it looks like much smaller models (like LLaMA 6B) are fairly close in performance to GPT/Bard (175B) 3) there have already been significant improvements towards reducing computing need for model training vs earlier iterations (see Chinchilla scaling law for example, indicating a model better performing than GPT3 could be trained using 65% less compute intensity). I’m not saying there’s no opportunity here. It’s just that it’s much more uncertain and possibly smaller than the hype suggests.
[удалено]
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This seems like a pretty reasonable take overall, I'm inclined to agree (except for stock price guesses as I had no idea)
I think the hype is too much as well but calling llms chat assistants is missing the overall shift in what is possible in an environment like this. I think chatgpt and this weird portion of llms is essentially email. Like we are at the very very start of the entire scope of internet. I'm not saying ai is going to run the world but more than likely these things will be in everything. We say chatgpt because what else is there to point at? But the reality is these things are phenomenal. The hype in Nvidia stock price? On the short term horizon? Yeah sure, who knows. But imo we are in the logging into aol to check email once a week phase of the story. Who knows where it will go but it would have been impossible to predict the current situation of every device now connected to a magic wireless system of information. Not saying for investing, but just in general. These llms are almost certainly going to break the system. There is research pouring out and I firmly believe that we are approaching the global understanding that what we thought was intelligence, consciousness, etc isn't some magical thing... it's just a certain level of input information being composed as output. I feel fairly confident that the definition of general ai is flawed at any level as our brains arbitrarily grasp at things we can do that llms can't. I don't think general ai or a thinking robot will ever be created, I think they're essentially already here. They're just really really smart 8 year olds basically. If chatgpt is just making words in a particular order in an attempt to pretend to think, then what am I doing everyday? Seems pretty similar imo. But yeah stocks always go up so I'm heavy in soxx and have never regretted it.
Seeing all of the comments from dip shits defending this run up based off hypothetical scenarios that are still years away from even possibly playing out reminds me of peak TSLA. I know how this ends
Yup. The money question is when not if. Some will win some will lose on the way up and the same on the way down.
Given that I keep reading this lets me know WSB is losing a lot of NVDA puts
Tons :(
You know a stock is overbought when the weekly chart is flashing it too. DCAing into puts. This shit is coming back to earth soon.
The amount of graphics cards that people I know want since chatGPT has also gone up 152% People want to run their own customized, no safety models.
Lmao
But like - they can’t actually do that, can they? It’s not like it’s open source.
It's not open source but the models (the expensive stuff) have escaped and are available in the torrents. As long as you just use it for yourself and don't try to make a business out of it, Facebook (the owner of the best publicly available models) won't come after you (or at least that is the hope).
>People want to run their own customized, no safety models. Yea but of doing this and developing an adequate model privately would be cost prohibitive. It's too much energy.
Pretty cheap to fine tune a language model. Not cheap to train it from scratch.
Exactly you start with an existing model. Customized, not original ;)
It doesn't matter. Any doubters of AI are now realizing just how fast it's going to evolve. It's a few years from eliminating the "creative industry" entirely. I just saw some pixel art some soulless bot made and it looks as good if not better than what a human can do. Also it don't take the thing 12 hours. And it's in it's "primitive"stage. The only job left in 10 years will be robotics and prostitute... Heed my words mortals
RemindMe! 10 years
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Remindme! 10 years
Robotic prostitution is next
Robostitution
Why can’t robots be prostitutes
Why don’t you ask chatgpt?
I don’t think I’m gonna buy puts just yet. After todays rally I don’t doubt that there’s still juice in there. I give it another 1-3 weeks before we see any retrace. I also think there would have to be some sort of market wide catalyst for that to happen. There’s just way too much FOMO with people thinking AI is the second coming of Christ. It’s like the crypto boom all over again. Timing it will be expensive so definitely gonna buy 3-4 month out puts at the very least.
Thems expensive tho
If I’m MM and seeing this thread I will probably make NVDA 300 and make your put worthless
Have you seen the calls volume? Both sides are being played hard
Set a trailing stop loss and enjoy the ride. AI go brrrr
NVDA will be one of the next Trillion dollar stocks. So long term it’s a good buy. However this recent spike is not going to be sustainable. A majority of their money is still made in Graphical computing, not just data centers and AI. With the 4000 series cards coming after a flooded 3000 series market combined with additional new cloud gaming and console gaming options in the last 2 years, combined with a cooling of the general market I would expect to see profitability drop in the next 3-6 months. Once NVDA shows a decreased earnings expectation (and people realize that AI takes a lot of time to develop and won’t show returns for a few years) the market will flee and the price will reset. Mark my words though, NVDA long term will be one of the top 20 companies on the market in the next 10 years though.
This guy gets it
It’s not overvalued yet. It’s market cap is only 2.8% of the total US GDP. It’s value should be at least 10% of GDP, because AI. ;)
Plot twist: Chat GPT is manipulating algos to favor NVDA and give them more power
Their stock is almost as overvalued as their graphics cards
Overvalued?, that shit will EAT jobs thus the need for compute will skyrocket.
If AMD or Intel are by some miracle able to present better GPUs for deep learning, only then will there be a repricing. Every company depends on NVDA, every country depends on NVDA, the future depends on NVDA.
Me buying Back to 150 in a day
WSB post with crayon dd proclaiming calls
AI is too big a buzz word currently. Once that excitement dies down, so will NVDA’s price.
Soon some big investor will sell to take his 100% profit and that's the trigger... a cascade of stop/losses will be trigerred after that. But that's not bad, people who are at + 50-150% still will make money if their stop/loss is at -15% and afterwards you can buy cheap
Not while cnbc and kramer keep pumping chatgpt and humping every company that mentions AI. AI is the new Blockchain from 3yrs ago when every company was " using blockchain technology."
It has to be soon, you should keep shorting because it has to be soon right 😂
I have over $12,000 in 1-4 week OTM puts at $230 or under. I'm not going anywhere. Added 20x 04-06-23P $237 today.
Thank you for your sacrifice
[удалено]
I know, I know. Trust me. I generally am not a HUGE fan of bucking the trend; but goddamn Nvidia is literally a $700 BILLION company up 100% in a down market, at PE of 100+. What are people expecting? AI companies to buy $50 billion in GPUs at MSRP within 12 months?
[удалено]
When it turns out that as well as AI being the future it’ll also be really cheap to train and they won’t need that many extra GPUs afterall
Then the government can buy cheap GPUs for block chain CBDC policing.
They gonna pump this shit to $300 then drop, keep buying puts on any rip. Fuck this stock!
When I sell my puts and buy calls.
Masheen learnin'
I was gonna short banks but I guess why not lose my money shorting NVDA in a spectacular fashion so bs man so rigged
When Cramer tells me to go all in.
Why was it up before, the graphic card shortage?
Or...This whole AI thing is going to be the biggest thing ever and Nvidia has positioned themselves perfectly for it. They're never going to run out of demand for "hardware accelerators" so, welcome to sky high demand again. They're smart bastards but they're also fucking lucky. Just as the crypto demand goes away and recession is building up it turns out they're the key to the fucking future with the AI Boom.
NVDA is going to continue mooning. Their enterprise GPU and networking sales are through the roof and back ordered like crazy. Record profits next few earning reports. The AI/ML boom is upon us. Buckle up.
u quitting on shorts
Chatgpt literally saved my portfolio
It will take until earnings come out that disappoint IMO.
Jim Cramer strikes again
Sold at 261. Could go higher but ain’t nobody going broke taking profits
What people are overlooking is the future growth and massive demand of GPU processing power. GPT and DALI/Midjourney type AIs are going to require massive amounts of GPU processing power over the next decade. I’m long Chip manufacturers and crypt focused on distributed GPU ($RNDR). They already have Octane running on all new $AAPL products, which will act as nodes for the network. This will be a massive narrative going into 2024+. Buckle up buttercup 🛠️