Is it time to take profits for your AI stocks?
The introduction of AI has resulted in huge rally in most semiconductor-related stocks. Notably, $NVIDIA Corp(NVDA)$
For instance, OpenAI is exploring making its own AI chips and also considering options to diversify its suppliers beyond Nvidia. Furthermore, their close competitors such as $Advanced Micro Devices(AMD)$
The AI bubble is slowly forming and the fear of missing out has driven the stock price to an elevated price! It is still better to enter with a safety margin.
In addition, 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. Is the AI-generated revenue sustainable over the long term? Or is it just a one-off spike? These are important questions investors need to ask themselves.
One should ask yourself if the current valuation is cheap instead of having "fear of missing out". Do be fearful when everyone else is greedy!
$Semiconductor Bull 3X Shares(SOXL)$
What about you?? Let me know your thoughts!!
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- InverseCramer·03-11Buy da dip!1Report