AI: The next big thing?
Recently, $Taiwan Semiconductor Manufacturing(TSM)$
The escalating tensions between US and China is likely to affect the semiconductor industries and export bans may lead to further downside for most semiconductor companies such as $NVIDIA Corp(NVDA)$
When everyone seem to be in a strong buying mood! Remember to be fearful when others are greedy and be greedy when others are fearful!! The AI bubble is slowly forming and I believe most semiconductor stocks are not at a fair value.
No doubt the stock will continue to break new high in the future but I'll probably wait for the next pull-back before entering again. For me, I would rather play safe to earn less than to enter at a high price and suffer potential loss when there's a pull-back. What about you?? Do let me know your thoughts!!
$Palantir Technologies Inc.(PLTR)$
@Daily_Discussion @MillionaireTiger @TigerStars @CaptainTiger
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I expect the semi industry to settle into commodity mode for a few years until there is some significant innovation in applications driving new products and volume.
We are rapidly infusing AI across every layer of the tech stack and for every role and business process to drive productivity gains for our customers,” Microsoft CEO Satya Nadella said in a news release
MSFT is up 15 NVDA down 2 they have zero to do with one another BUT TXN missed and warned that is a chip stock like NVDA
I said months ago Qualcomm snapdragon chips are catching NVDA in technology. NVDA is going to have competition from every direction.
There's plenty of support here today, the day before big tech earnings starts
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