Russell worst day since last Dec this is bad really bad. Whatever happens after this will be all big cap. Market wants to panic sell into NVDA....... lot of pressure to save the market. CEO is talky... That could be the turning point... if they highlight the new platform.
How much will the Blackwell GPU cost? between $30,000 to $40,000 In a CNBC interview on Tuesday, Nvidia CEO Jensen Huang said a Blackwell GPU will cost between$30,000 to $40,000. He also said Nvidia spent $10 billion to develop Blackwell. On Monday, Huang announced Nvidia's next-generation chip architecture called Blackwell.Mar 20, 2024
Upcoming Blackwell Reveal 18 February 2025 The buzz centers around the awaited details of the next-generation Blackwell GPU, poised to bolster Nvidia’s foothold in the AI and tech sectors. Investors’ eyes are sharply focused, ready to dissect every nuance of the earnings report, mindful of potential volatility as Nvidia navigates the transition from Hopper to Blackwell GPUs. Technical analysts, eyeing critical thresholds, spotlight key support and resistance levels at $130 and $140 respectively. Crossing these lines has bolstered confidence, transforming market sentiment. Nvidia’s upcoming report and product revelations promise to be a litmus test for the company’s trajectory and its grip on the competitive GPU market.
Why are all the power companies that want to serve Ai down huge today? Could be a very bad sign for Ai uptake.... less demand = less electricity.