Nvidia will stay at the forefront of performance-maximized chips

BaronLyly
03-07

Hey, I say go for it! Chase High with $NVIDIA Corp(NVDA)$ , it's like surfing a monster wave! The risks are high, but the rewards could be even higher. I'm all for taking risks and going for the gold. NVDA is hot, and I'm not going to let this opportunity pass me by!

Nvidia is facing chip competition from $Advanced Micro Devices(AMD)$ $Intel(INTC)$ $Qualcomm(QCOM)$ (integrating AI into IoT), $Alphabet(GOOG)$ $Alphabet(GOOGL)$ (Tensor), $IBM(IBM)$ (Power AI);

then there are the things in development: Elon Musk is developing specialized chips for his companies, Graphcore has developed the Intelligence Processing Unit (IPU), Cerebras Systems known for its Wafer Scale Engine, Groq is a focused LLM chip (I can't wait for an IPO), SambaNova Systems is focused on creating software-defined hardware that optimizes AI applications, and Cambricon is one of China's leading AI chip companies.

While most of these competitors will 'chip' away at the overall market, I believe that Nvidia will, and for most of its history, always had, stay at the forefront of performance-maximized chips.

Buy Low or Chase High? What's Your Choice?
Nvidia has risen 79% YTD and hits a new high of $897 on Wednesday trading. Apple and Tesla, however, face with problem and fall to $169 and $176 respectively. Cathie Wood recently sold Coinbase as COIN price hit a new 52-week high. ARK turned to bottom Tesla shares. It's clear that Cathie Wood buys low. ---------------- What's your trading style? Will you buy low of Tesla and Apple? Or chase high of Nvidia and Coinbase?
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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