NVDA - Nvidia

[Azz]

IMO After the correction another opportunity is coming?

Absolutely, yes. Load up the truck if you haven't already.

[Azz]

Quarterly will likely be released on 22-May-2024.

Not toooo far off. It could be a case of "sell on rumor, buy on news"!

[Azz]

Just out of interest - has anyone here actually bought this for long term? It's magical lol!

[ValueNZ]

Just out of interest - has anyone here actually bought this for long term? It's magical lol!

Let's put it this way. I'd rather pour gasoline on my cash and light it than purchase Nividia stock.

[Azz]

Let's put it this way. I'd rather pour gasoline on my cash and light it than purchase Nividia stock.

Why's that? It's an absolute gem of a stock. Are you able to put it into words that line up with the reality of the world around us?

You're already down a double since you said, "if I can stop just one person buying into this company it will have been worth it".

You're not interested in forecasted EPS of $5.48, which will be +402.75% from the corresponding quarter of the prior year?

[Waltzing]

NV reminds one of APPLE in the early years later the humble PC came along ... who would have though that cheap heap of junk could beat something as slick as the APPLE....

open approaches to LLM's and new chip entrants in 5 years time might start to eat into NV and the finding that new entrant is the new ALPHA stock hunt.

NV and SAP are partnering for business. note that Mitre 10 is in a 2 year move to SAP.

[Azz]

NV reminds one of APPLE in the early years later the humble PC came along ... who would have though that cheap heap of junk could beat something as slick as the APPLE....

open approaches to LLM's and new chip entrants in 5 years time might start to eat into NV and the finding that new entrant is the new ALPHA stock hunt.

NV and SAP are partnering for business. note that Mitre 10 is in a 2 year move to SAP.

I really like your posts. You're like the heart and soul of this place.

NV reminds one of APPLE in the early years later the humble PC came along ... who would have though that cheap heap of junk could beat something as slick as the APPLE....

People are looking for comparisons all over the show. I don't think there is any comparison, and on two levels:

1) The A.I. industry is like nothing we've seen before, and
2) Nvidia's place in it is like nothing we've seen before.

This new industry, this new market, of A.I., is not an "offshoot" of what we've known for computing, like a different "shade" or something. It's actually a whole different way of doing computing. It's a revolution, not an evolution. And we're at the beginning of the beginning. And there is so much money to be made. I have no comprehension whatsoever of why some "investors" are choosing the likes of NZ-listed property ventures when this revolution of the utilization of super-intelligence is happening and several US companies involved are absolutely blitzing it with build-outs and sales. Nvidia is awash with money. They can do whatever they want, in a good way, for the benefit of their shareholders, for advancements of the industry, for investments in promising start-ups, for anything. They are the undisputed LEADER of A.I.

open approaches to LLM's and new chip entrants in 5 years time might start to eat into NV and the finding that new entrant is the new ALPHA stock hunt.

I don't know. Maybe. My hunch is Nvidia will lead for a decade minimum. Nividia is not just chips. They have built a software ecosystem... ok here's a comparison: think DOS/Windows domination and how long that lasted for; not the tech, that's no comparison, but the domination of the OS/platform/system.

NV and SAP are partnering for business. note that Mitre 10 is in a 2 year move to SAP.

I'll check out that Nvidia/SAP linkup. Thanks!

[Waltzing]

 
If AI is not like the first wheel, boat, printing press, public company (holland) , steam train, car,  radio,plane, computer (the english one for decoding) .. 

Is it more like the atomic bomb and nuclear power...

https://www.anthropic.com/

 old articles but interesting...

It may only be the start but its already priced  today like radio was. Think RCA..

https://www.nasdaq.com/articles/anthropic-stock:-is-an-ipo-coming-soon

[Azz]

If AI is not like the first wheel, boat, printing press, public company (holland) , steam train, car,  radio,plane, computer (the english one for decoding) .. 

Is it more like the atomic bomb and nuclear power...

Yes, I think so. In fact, that's the closest. A.I. & harnessing the atom: both are double-edged swords.

https://www.anthropic.com/

 old articles but interesting...

It may only be the start but its already priced  today like radio was. Think RCA..

https://www.nasdaq.com/articles/anthropic-stock:-is-an-ipo-coming-soon

I don't know what to think of Anthropic. For example, I find the in-bold funny:

------------------------

What is Anthropic AI? In the craze of AI startups, some researchers are concerned about how quickly researchers are moving in training these models. Anthropic was founded by siblings Daniela and Dario Amodei, who previously worked at OpenAI and left the company following concerns that the company was becoming too commercialized. They created the company as a startup and public-benefit corporation to develop AI tech with more ethical guardrails in place.

Despite this, Anthropic has followed a similar path as OpenAI, raising $1.6 billion in funding as of August 2023. It recently released its competitor to ChatGPT, Claude 2. The Claude 2 chatbot is a generative text platform trained using data scraped from the internet combined with human feedback. The company has also released a faster and cheaper model for businesses called "Claude Instant," which also features constitutional AI designed to reduce brand risk.

https://www.nasdaq.com/articles/anthropic-stock:-is-an-ipo-coming-soon

------------------------

[Azz]

The power of Nvidia: two days, and a 10% drop is turned into a 2% drop. I wonder if the full drop will be erased by close tomorrow?

[Waltzing]

Yes any drop will be bought for sure... looked at NV 2 years ago but though wall street must have it priced already.... well the retail investor wasnt buying then and who would have though CO PILOT was going to be on your desktop today....

its almost useless for anything serious until Office get an upgraded core with AI built into the code...

IE. Office runs on a server somewhere and all you get is the GUI ...IE some kind of screen that just displays something that happening else where.

When that happens MS will make a lot more money...

for that to happen they will need more than one nuclear power station ...  and watre... lots of water..

one in every state that has water .... the US will rule the world... maybe we havnt seen how big this will be..

[Azz]

for that to happen they will need more than one nuclear power station ...

There's lots of work being done on different and smaller reactors. But a few financial issues with a lot of the companies behind them - large layoffs, vital funding rounds, failed mergers, that sort of thing. And the regulatory environment is extremely onerous, and I guess that includes regular people (AKA nimbies) banding together to use the courts to attempt delay or outright banning of test sites. As is typical in the US, the federal government is handing out industry subsidies like candy while other parts of the government make it as difficult as possible to do anything.

[Waltzing]

yes nuclear power station no matter the size ae not a fast track item and you dont knock them up in a few weeks...

no production lines but they do have them for ships ....

the US does produce power units for the Navy.

[Azz]

the US does produce power units for the Navy.

Exactly. They've been doing it since the 1960s. Successfully so, too. And yet replicating such an idea outside of the US Navy appears to be near impossible. It doesn't make any sense.

[Waltzing]

Wait till the software companies realise they can get some units and plug them in....

and washington realises it can run the world....

where there is a will....

use to be who got more batleships... the tallest building ...

soon it will be whos got more chips ...