amroui
2022-09-04

$NVIDIA Corp(NVDA)$

I don't think it's overdone. I think market is recognizing that the demand from crypto might be understated. With most crypto currency moving away from proof of work, we'll continue tosee demand drop.

Also while Nvidia tech is good, it is in a very competitive market now. With the market as it is, we probably won't see market demand growth like in the COVID years. Expect Nvidia priceto go lower, and stay low for the next few years. I personally wouldn't enter coz I don't think I can hold such a long position haha [Facepalm] 

This is just my personal opinion, please do your own due diligence 

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Comments

  • LMSunshine
    2022-09-05
    LMSunshine
    Which semiconductor chip are you bullish for? Or u think all companies will remain low for next few years?
    • LMSunshine: 
      Ok thanks🤗
    • amroui: 
      (1) I‘m holding $AMD(AMD)$ so definitely positive about them, but i think $Intel(INTC)$ might be worth buying in now on the outside chance that they can turn things around.
    • amroui: 
      (2) They are the company that will benefit the most from the CHIPS Act as they have both RnD and foundries running in the US already.
  • DannDann
    2022-09-04
    DannDann
    Good sharing. give me a thumbs up like👍👍🏻👍 thank you! 👍👍🏻
  • LMSunshine
    2022-09-05
    LMSunshine
    Next few years😨
  • JamesPang
    2022-09-04
    JamesPang
    warm up again
  • Susunehneh
    2022-09-04
    Susunehneh
    Warm up comment
  • Aysan
    2022-09-04
    Aysan
    i saw it kept going down for amost a year 😅
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