There is a lot more risk of a $Palantir Technologies Inc.(PLTR)$ earnings melt up at $140 than at $200, where the gurus shorted it. That short thesis is looking less and less attractive.
$NVIDIA(NVDA)$ is producing tools for the major players, such as $Medifirst Solutions Inc.(MFST)$ , $Amazon.com(AMZN)$ , $Alphabet(GOOG)$ , and others. These companies are taking on debt while mining AI in a crowded space. Their platforms will have to compete with one another, which could reduce their revenue. Does that not make sense? Meanwhile, $NVIDIA(NVDA)$ has no debt and a substantial amount of money.
Rumors about MI450 delays: Recent reports suggested $Advanced Micro Devices(AMD)$ ’s MI450-series AI accelerators might be delayed. However, analysts including those at Wells Fargo countered this, indicating development of these 2nm chips remains on track.
$NVIDIA(NVDA)$ I love how Jensen stated they are keeping any future China sales out of guidance. He said, "that will just be a nice bonus." You are the man, Jensen.
$NVIDIA(NVDA)$ The stock market serves as a remarkably efficient mechanism for transferring wealth from the impatient to the patient. —Warren Buffett I remain long and strong on NVDA.