The point I want to make: It is naive, based on what we see now, to expect AMD to become a head to head challenger to NVDA. It's very hard to imagine. But it is equally naive to condemn AMD. Headwinds, shmeadwins. The road won't be easy, but they will run the company in a manner that supports growth in SP.
With that in mind: I believe a boost (spike) in SP is on the way. Following on this, I have been buying shares. It is a plain vanilla trade for me as is stands, but I may hold some shares back, going long. Simultaneously, I will go back into NVDA as it nears 110 or so. I anticipate an eventual 3-1 ratio, going long, NVDA $NVIDIA Corp(NVDA)$ to AMD.
To expand: Look at the example set by mega-cappers including MSFT $Microsoft(MSFT)$ , GOOG $Alphabet(GOOG)$ , AMZN $Amazon.com(AMZN)$ , AAPL $Apple(AAPL)$ . Dominant leaders in their industries, and I am going to guess all of us are holders, have been, or will soon be. I believe NVDA has the potential to sustain their primacy and dominate their market in coming decades.
So...maybe like MSFT and GOOG? Well, maybe not a near monopoly,. NVDA has had and will continue to have have competition. Maybe a bit like AMZN, then, a business that discovered a way to meet just about any need? Maybe so. But as it is with AMZN, competition. They may dominate the online retail space, but they don't own it.
Okay, well maybe the next AAPL, then? I mean a industry leader plus market leader over the next 20, 30, 40 years from now? I guess we'll see. One thing is for certain though, in my mind: competition. Last time I checked, AAPL competes with other folks out there selling phones, computers, and other technologies and services. How 'bout that?
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