@Omega88：Can you make your own AI chips?? Since the introduction of ChatGPT last November, the semiconductor industry has witnessed a huge rally due to AI hype! Notably, $NVIDIA Corp(NVDA)$ was the biggest winner gaining ~220% YTD due to the significant improvement in its quarterly revenue. However, most semiconductor companies are not reporting a significant increase in the revenue. There's reports citing that OpenAI, an AI leader backed by Microsoft (MSFT) whose launch of the ChatGPT chatbot kicked off an AI investing frenzy, is exploring making its own AI chips. Amid a shortage of chips to fuel AI growth, OpenAI is also considering options to diversify its suppliers beyond Nvidia. While NVIDIA is far in the lead, this state will not likely last for a long time. In addition to AMD's MI300 AI chips coming out in 2024, Intel is also expected to bring out its Gaudi and Falcon Shores line of AI chips. Another key development is a prototype chip developed by IBM, which is stated to provide AI computational capabilities at significantly lower power consumption requirements. With more competition coming in the next few quarters, we as consumers might benefit from potential price wars but these AI companies would likely suffer from lower profit margin. Hence, is the current valuation still fair? The AI bubble is slowly forming and I believe most AI-related stocks are way overvalued. With escalating tensions between US and China, it is likely to affect the semiconductor industries and export bans may lead to further downside for most semiconductor companies. One should ask yourself if the current valuation is fair instead of having "fear of missing out". I'll probably wait for the next pull-back before entering again. What about you?? Let me know your thoughts!! $Semiconductor Bull 3X Shares(SOXL)$ $C3.ai, Inc.(AI)$ $Advanced Micro Devices(AMD)$ $Palantir Technologies Inc.(PLTR)$ @Daily_Discussion @Tiger_comments @TigerStars @MillionaireTiger Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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