ARM - wth 😅

ARM up 35% today… selling all my ARM and NVDA today. This stuff is bonkers and can’t see it sustaining much longer

New
150squats Feb 12

They sell RISC processors, who is buying them? I thought hardware was taking a hit in layoffs, are they used in AI?

Imagination Technologies CCCPlant Feb 12

They are used in the Grace Hopper 72 CPU die. ARM gets $0.X per chip, NVIDIA gets tens of thousands.

Amazon ktvsnow OP Feb 12

Update; sold 80% of my ARM at 150 (cost: 65).

Qualcomm 4SRanch Feb 12

Good for you. Congratulations!

Amazon toodull Feb 12

100% in 5 days, I want crystal ball 🔮😭

Microsoft **fire Feb 12

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.

ex-HelpSystems Torrekong Feb 12

Maybe it's AI thats pushing NVDA so high and this will be the way the stock market implodes.

Cisco fjxvndjx Feb 12

Looks like people are shorting alot. Went from 745 to 725 alteady

Amazon pipulus Feb 12

Arm is a shit company that had all their IP stolen by China, why do ppl buy this stock!

Imagination Technologies CCCPlant Feb 12

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.

Apple gdmsdlsa Feb 12

Too late? Will it dump now?

Amazon ktvsnow OP Feb 12

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.

Groq tensorize Feb 12

gj!