It's a continous repeat of news on their Blackwell release that's causing all this stir He claims there is very heavy demand for it. Each of these units is priced around 30k-40k a piece.
So nvdia says the chips are sold out....the same companies buying the previous chips are now buying the new one to compete in this ai race. At this point it seems nvdia will release a new chip each year like Apple releases phones....now is each year of new chips mean that these companies will just keep swaping out year old chips to continue this race for greatest ai company the world has ever seen? These billions being spent by the these comoanies better start seeing a return on their investments soon... NVIDIA Blackwell GPUs Sold Out: Demand Surges, What’s Next? https://www.techrepublic.com/article/nvidia-blackwell-gpus-sold-out-demand-surges/
This is interesting. Investors are losing more and more faith in autonomous cars... but the AI bubble is expanding... More popcorn please.
And Also most believe AI is NOT going to take millions of jobs away in the next 3, 5 and 10 years!! More popcorn please!!!
At one time it was said ......... as GM goes, so goes America. 2024 version of that is as Nvidia (-5.33%) goes, so goes America - (S&P -0.96% & NDX -1.71%) .
How's life in the "dirt floor double-wide" treating you? Did your wife really kick you out(?), and how will you make money now? It obviously won't be via trading. We all know that from your photoshopped phone pics. yeah that's right.... I saved the best for last. Watch what happens next... brace yourself for some serious humiliation.