Well, here's my rationale. There was a trader named Waxie back in the dot.com era (no, he ain't that fake Lambo who posts here lol). He came on CNBC just before the NASDAQ imploded and predicted that Cisco, which I believe was trading near $150, would drop to $50. Everyone, of course, thought he was an idiot because, just like Nvidia, Cisco was everyone's favorite at the time. Well, guess what happened? Cisco went down to exactly $50. And if you look at NVDA and CSCO side by side, they look eerily similar. So I'm betting that the history will once again repeat itself. And trust me, it does repeat. I've been a witness of that on many occasions throughout my career as a trader.
Where are NPUs configured in this context? As an experiment I picked up a GMKtec K-8 mini-pc. It has an AMD Ryzen 8845 which interestingly enough I’ve been able to upgrade to 96gb ram. Some folks have been able to get a 70b LLM to run at 60watts. It has an oculink to connect an eGPU. As I was shopping, some of the newer chips don’t rock SODIMMs and are locking in the available ram as base offerings. They are also positioning NPUs but I don’t know if that’s just rebranding or a true tech advancement.
Way higher in 2 years????? It won't be way higher. It will actually be way lower. Will be trading 40 to 50% lower actually!!! Ai hype is done! Equities are headed lower and that includes nvda. When the S&p is under 4000 nvda will be well under 60 a share!! Capex spending will plunge the next 2 years but hundreds of billions!!! Nvda needs strong cap ex spending. Without it sales and earnings will collapse and you will see this over the next 2 to 3 years as the ai hype machine is turned off.
We need to hype the shit up to blow bubbles up your ass. How many times do I need to remind you that's how the market operates? BTW $60 is still too much. If should be $50. Instead of expecting the Chinese to be learning from our excess, it's high time we become a little frugal like the Chinese.
Exactly. That's why it's down 20% from its ath's. Now it's "show us the money." And they will. AI is not going away, it's in its infancy.
It might be just the beginning for Ai however the trade opportunities are done for now. Ai has zero hope lifting equities to new highs, in fact the markets will not see historical highs for years to come. The next 4 years will be turbulent with fear and uncertainty so do NOT expect any new highs on any index the nex4 years, markets will be sliding downward as risk fears continue.
The next hype will come not from ChatGPT and other chatbots but from the robotics industry IMO. And you mentioned earlier that you believe the industrial military complex is over. I, on the other hand, think weaponized robots will soon replace uniformed soldiers in the not-too-distant future. Also our weapons will likely get equipped with AI. Hence, I believe the future is pretty bright for the defense industry.
Well yeah. I mean everything you wrote is gonna happen. It's where we're at technology-wise. This isn't exactly an earth shattering revelation. But it won't move the needle much on the defense stocks. ITA has peaked at $160, it won't take that out again for quite a long time.