Nvidia stock losing steam.

Apr 14 13 Comments

Anyone thinks that it will go back to ~300 againin near future?

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TOP 13 Comments
  • Intel
    $uvm_info

    Go to company page Intel

    $uvm_info
    It should fall, so should AMD! Bring back some sanity!
    Apr 14 2
  • Intel
    dubuku

    Go to company page Intel

    dubuku
    nvidia is good at building hype around its hw products. At the crux of it, gpu is mainly a gaming engine with graphics cores. Now they have sold it as snake oil general purpose unit that can save the world ! Chinese Snake oil sells on the white man's wall street of course !!
    Apr 15 3
    • NVIDIA / Eng
      _GoodMan_

      Go to company page NVIDIA Eng

      BIO
      Almost do not exist.
      _GoodMan_
      This explains a lot about Intel.
      Apr 16
    • Intel
      dubuku

      Go to company page Intel

      dubuku
      Dude, intel also does crap, i never said anything good about it either. All I am saying is few semi companies are good at selling their stuff on wallstreet more than others. All top companies have increased their market share last couple of years thanks to liquidity in the market and preference for growth stocks. It is to be seen how much nvda and amd can scale their revenue in the next 5 years. Who reached $50B first and how soon ? I would bet on that horse.
      Btw, I did work at nvda for quite sometime on TPUs as a hw designer and this is not just a marketing guy's statement.
      Apr 17
  • Bruh it's up 40% in the past year, what are you talking about. All of tech is below its all time high, just look at Meta.
    Apr 14 1
  • Amazon
    jVoh47

    Go to company page Amazon

    jVoh47
    Think of it as a good time to buy shares of a solid company at a discount. Tech stocks in general are getting hammered right now, find the ones you like, buy and hold.
    5d 0
  • NVIDIA
    notj3n53n

    Go to company page NVIDIA

    notj3n53n
    At the end of last year, I was expecting a range bound 200-300 for this year. But now given deteriorating macro picture and inflation, I’d be selling into next rally to ~250 which we may get to by end of June. After that I would not be surprised if 200 will be tested and eventually broken before summer ends. From that point, chances are the path of least resistance will be to the downside. Take your cost basis out when market gives you an opportunity, don’t be greedy, end then you can’t lose . Good luck
    7d 2
    • NVIDIA
      notj3n53n

      Go to company page NVIDIA

      notj3n53n
      Oh, consider reinvesting profits into intc. Intc is pretty much one of the few semis that is attractive at current valuations and they are fixing their manufacturing. Who knows, before end of decade, nvidia may use intel foundries to bake their chips :)
      7d
    • OP
      Aren’t they actually going to use Intel for fab in future?
      7d