$SUPER MICRO COMPUTER INC(SMCI)$ What’s really weird is that we’re still holding on to stocks we bought for $900 even though the price is now dropping below $500.
It makes total sense logically actually
it was untethered from reality and fundamentals. People say ai and it goes up $100 for no reason. If it goes down it’s probably just going back to reality
people think ai is this amazing thing that is so advanced. No it’s absolutely trash in its current state and it does some cool parlor tricks but most ai applications are trash and don’t make money or have huge flaws. Ai is just a marketing gimmick that doesn’t actually make money.
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