The General
Footballguy
Giddy up!They are selling the pick axes for the gold rush (AI) and are way ahead of everyone else.It’s not that expensive now. I do think they will hit another lull like they did for mining and gaming. In the past they’ve had a lot of cycles. Right now they are charging whatever they want so it will be interesting to see how long that lasts before the data center folks don’t need more and competition gets stronger. They are the leaders but this isn’t like Apple and iPhones where they own the ecosystem. I also don’t want to act like they aren’t going to do well or make money but they’ve been interesting because they’ve had periods scarcity before followed by lulls. The YoY comps have been so crazy because the year prior their revenue went down.The divergence (if there is today) is if huge vendors hold back orders to wait for the next gen chips.They can't blow up on earnings again...can they?Thought nvda reported today. Was very surprised to see no movement after hours lol
I can’t imagine but I guess so. I would expect even the slightest divergence off of expectations would bring a lot of red.
If so….it could create an opportunity to add more long term if it’s a violent pullback.
But I expect stupid growth numbers yet again for NVDA.
With their growth rate and profits it’s not that expensive.
It’s compelling. And I expect it to last a while.
Still riding this pony.