US government is quite naive. Cannot go through front door, can go through backdoor. For commodities as large as Russia oil supply, the oil still manages to be sold to other countries. For commodities as small as microchips, will be easier to slip under the radar. This open sanction will only drive the GPU market into underground. Prices may go up more. The chips still get sold. This is good for NVDA and AMD in the long run. Increased demand will only bolster the chips business. So this US sanction you think increase or decrease demand? I think the answer is clear.
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.
Comments