Is there any point in buying Nvidia stock at this point or any other stock with heavy AI bubble exposure? Should I just wait for the pop?
>>61206279yes, please hold my bag
>>61206279>AI is going away>Computers are going awayNVDA's forward p/e isn't even that high. Unless you believe these two things (AI & Computers) are outright going to disappear, or that some competitor is going to come out of nowhere with vastly superior chips, there is nothing but a growth story to be told for this company.GPUs are LITERALLY "new paradigm" shit. This technology will be at the core of everything we do for centuries to come. What better bet could there possibly be?
>>61206494Chatgpt routinely gives me incorrect information. It's Emperor's New Clothes bullshit.
>>61206951>It's not 100% perfect it's going to zero!You're probably just giving it shitty lazy prompts anyway desu
>>61206279I think a spread of LEAP puts
>>61206951When internet became a thing all most people had was shitty dial-up modems, dummy.
>>61207070>AI
>>61206494I think this is fundamentally right, nvda has years of doubles in it still...
>$50: Is there any point in buying Nvidia stock at this point or any other stock with heavy AI bubble exposure? Should I just wait for the pop?>$100: Is there any point in buying Nvidia stock at this point or any other stock with heavy AI bubble exposure? Should I just wait for the pop?>$150: Is there any point in buying Nvidia stock at this point or any other stock with heavy AI bubble exposure? Should I just wait for the pop?>$200: Is there any point in buying Nvidia stock at this point or any other stock with heavy AI bubble exposure? Should I just wait for the pop?
>>61206279If or when it pops it's dead and not coming back for decades, maybe not ever. So either you believe in it and you buy it or you stay away for good.
I'm personally 50% cash and waiting for another 20% dump to scoop some. There have been 2 in the last year. But as soon as that happens and I buy it will probably be the bubble bursting and it will drop another 30%. AI is definitely overrated in its current state tho.
>>61206951My car broke down - better stick with horses