Subramanyan
11-26

Market pundits have varying perspectives on whether Nvidia's market share is at risk, but many believe strong demand for its AI chips will persist despite its recent stock fluctuations. Factors like growing competition, US export restrictions to China, and potential shifts by major clients do pose risks however. But that is what happens in business and aren't really new phenomena. 

I see this downturn as a strategic buying opportunity for long-term investors potentially. Price targets vary, with some suggesting a potential entry point in the low $170s and others seeing significant upside. So it's a mixed bag. So, one pragmatic approach would be to not go in all out but in tranches and only after due analysis with conviction & not as a knee-jerk reaction. And be patient. 

Challenge NVIDIA: Buy Dip of NVDA or AMZN?
Amazon announced a new in-house AI chip, which the company claims is more “cost-effective” than Nvidia’s. Marvell has acquired Celestial AI, betting on “next-generation optical interconnect technology.” Combined with previous developments such as Google’s TPU and Broadcom’s ASIC, multiple companies are now competing to challenge Nvidia’s chip supremacy. How do you view the growing competition against Nvidia? Are you optimistic about Amazon’s AI chip? Would you chase high of Google? Or buy the dip of Nvidia or Amazon? Amazon still lags behind among Mag 7.
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