ARM up 35% today… selling all my ARM and NVDA today. This stuff is bonkers and can’t see it sustaining much longer
Update; sold 80% of my ARM at 150 (cost: 65).
Good for you. Congratulations!
100% in 5 days, I want crystal ball 🔮😭
The fundamentals are not right. NVIDIA is a great company with a leading product but its current price is ridiculous. Hey, who knows where the AI bubble bursts? It is always the same cycle, .com, housing, crypto, now AI.
Maybe it's AI thats pushing NVDA so high and this will be the way the stock market implodes.
Looks like people are shorting alot. Went from 745 to 725 alteady
Arm is a shit company that had all their IP stolen by China, why do ppl buy this stock!
Because nobody understand the business model. When Iphones were most of their revenue it was undervalued, now that NVIDIA is one of their customers it's overvalued.
Too late? Will it dump now?
No idea. It’s a slot machine at this point. learnt my lesson hard way to take profits and not get blinded by greed. So I’m out.
gj!
They sell RISC processors, who is buying them? I thought hardware was taking a hit in layoffs, are they used in AI?
They are used in the Grace Hopper 72 CPU die. ARM gets $0.X per chip, NVIDIA gets tens of thousands.