Ahhhh.... we'll see Schiz. Either way, $112 is a crucial level. Ceiling or floor? I say ceiling for a bit, but that will change. It's cheap if Jensen's estimates are true. That's a fact.
Have you actually used ChatGPT or Genuine lately? They've been busy copying DeepSeek. I'm not making this shit up. And if DeepSeek can provide same or even better AI experience than its competitors for a fraction of the cost, why would Google or OpenAI waste so much on using Nvidia chips? Has it never occurred to you that NVDA just might be more hype than fact? Now, I ain't saying its price is going down per se. All I'm saying is there's too much damn froth still baked into their stock price and too much unrealistic myth cooked up by Wall Street analysts.
A weekly close tomorrow below $112.69 (a buck or so from yesterday's close and right around current pre-market) would be the lowest weekly close of the past 28 weeks. Let that sink in, if it does. Kramsky haha
I don't think you listened to Cramer correctly. He has stated many times that he thought the -2X ETFs & 0DTE options would bring down the price short term but it would be a lot higher longer term. The Coreweave IPO will be interesting to gauge AI infrastructure demand.
Is it Opposite Day again already? https://www.perplexity.ai/search/how-is-chatgpt-copying-deepsee-rBKHBsFaSX.D4zT2xqGMaw