LordOfChaos
Member
This is your chance, AMD and Intel
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Nvidia Earnings: Stock Rallies As AI Giant Reports 600% Profit Explosion, 10-For-1 Stock Split
- Thread starter LordOfChaos
- Start date
This is your chance, AMD and Intel
StreetsofBeige
Gold Member
LordOfChaos
Member
Woopah
Member
We don't know for sure, but I can't think of any time in the last 7 years that it would have been in Nintendo's interest to cut the price.
Plus even if Nvidia did have them by the balls, it didn't stop Nintendo releasing the Lite at $199.
Badlucktroll
Member
Unknown Soldier
Member
LordOfChaos
Member
Just 60 bucks or about 5% away from most valuable public company, wow
Buggy Loop
Member
I can’t see a future where this doesn’t pop. Nvidia is basically lifting the stock market on its shoulders, can’t be healthy.
If average Joe is running to get money to invest in this for a 10:1 stock split thinking he’ll get rich, most likely the trap is set by hedge funds to rug pull and get a big bag.
MikeM
Member
AI is massively hot right now. Everyone is investing in it. Long term probably not a hold but short term I wouldn’t be surprised if it becomes the most valuable company in the world.
After hours the stock reached $1,149.98 which is another $10.97/ share increase over close. Wild.
Mister Wolf
Member
Them 33 shares about to turn into 330.
Unknown?
Member
So was pets.com in the dot com bubble.
Buggy Loop
Member
Probably short term it will grow. But for me this is the canary in the mine :
Nvidia Stock Tops $1,000 As Blackwell Could Aid Tenfold Rise By 2026
Why buy Nvidia? CEO Jensen Huang’s leadership — which could also be Nvidia’s biggest investment risk should he leave the job without a more capable successor.
www.forbes.com
Forbes, big media, saying it'll go from $100 back to $1000 after the 10:1 stock split by 2026
That's an expected ~$28T valuation, more than the entire USA GPD. Cmon.
So when the media loudspeakers are trying to convince all the mid class to make a call to their financial institution to pour all their savings into Nvidia, a company they probably have no clue about, but everyone told them it's easy money after a stock split, it's cheap right now! It'll make tenfold investment!
Then its probably a trap. Question is when will it close.
MikeM
Member
Yeah that is wild. I think 3.5T- 4T market cap is possible. But this is a short term experiment for me.Probably short term it will grow. But for me this is the canary in the mine :
Nvidia Stock Tops $1,000 As Blackwell Could Aid Tenfold Rise By 2026
Why buy Nvidia? CEO Jensen Huang’s leadership — which could also be Nvidia’s biggest investment risk should he leave the job without a more capable successor.
Forbes, big media, saying it'll go from $100 back to $1000 after the 10:1 stock split by 2026
That's an expected ~$28T valuation, more than the entire USA GPD. Cmon.
So when the media loudspeakers are trying to convince all the mid class to make a call to their financial institution to pour all their savings into Nvidia, a company they probably have no clue about, but everyone told them it's easy money after a stock split, it's cheap right now! It'll make tenfold investment!
Then its probably a trap. Question is when will it close.
LordOfChaos
Member
Unknown Soldier
Member
It's going to become the most valuable company in the world this week if it keeps running, but that's because of pure AI hype and also upcoming 10:1 split
Long term, AI is going to revolutionize society but Nvidia will have ups and downs on the way. What I'm saying is I'm looking to sell covered calls against my NVDA position in middle/late 2024 post-split to protect my position from what will inevitably be a cooling off of this AI hype
Buggy Loop
Member
It'll be a bumpy road until it revolutionize society. Wouldn't be surprised the government puts a leash on it from all the legality questions of it by using copyrighted images to learn, massive layoffs and so on. It'll take time to figure out what we do post AI world. You can't have ~300 Million Americans jobless.
LordOfChaos
Member
My guy made it to rockstar by being the ultimate nerd, fucking legend
cinnamonandgravy
Member
price targets keep going up
bought another 30 shares last week, fugggg itttt
5090 FE gonna be $2k ughh
bought another 30 shares last week, fugggg itttt
5090 FE gonna be $2k ughh
StreetsofBeige
Gold Member
Riding the wave as late arrival on the train back in March. Up +30%.
OverHeat
« generous god »
Its already 2499$ for a 4090 in Canada…3000$ incoming
Magic Carpet
Gold Member
Yay now I can afford to buy one or two.
SportsFan581
Member
I guess those reports of gaming falling off the radar at Nvidia weren't exaggerated. Hopefully the next round of GPUs are staying back on a older process node or something, otherwise they won't want to sacrifice the silicon when it could have been used for some ridiculously expensive datacenter part.
StereoVsn
Gold Member
Yep, they can literally earn 10x+ of 4090 sale for about 50% more manufacturing cost.
I am not looking forward to 5080-5090 pricing.
Doctor Hades
Member
Yay for NVIDIA. I expect they'll be the ones ultimately responsible for destroying the world when this A.I. uprises and attempts to destroy them for their outrageous GPU pricing!!!
SportsFan581
Member
They won't even need to rise up, the AI will just tell us to end ourselves, we won't know any better. All of our knowledge will be something we pull from the
I joke, but you can see a little bit of this already with smartphones, where people don't memorize numbers, birthdays or street directions and instead rely on the devices in a lot of cases (myself included).
DeepEnigma
Gold Member
Keep buying those explosively profitable priced cards.
Unknown Soldier
Member
Jensen is sending a subtle message to shareholders: He signed the top to indicate that this is the top!I’m calling top here
I used to be worried about who was more likely to create Mother Sphere, Elon Musk or Sam Altman
But now I'm starting to think the real dark horse on who might become Mother Sphere's Father is actually Jensen Huang
This is an actual spoiler:
The name of Raphael Marks is deliberately very generic and could be any tech CEO's name but there is no doubt that Adam's appearance is Asian. It was a hint all along!
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hinch7
Member
Which is why Jensen pretends that graphics cards don't exist anymore. Companies throwing money at them for more Ai chips.
What sucks is that the RTX 5000 series is going to suffer in both prices and specs for consumers. And we'll see another Turing+Lovelace generation, yet again. Making everything but the 5090 appealing.
What sucks is that the RTX 5000 series is going to suffer in both prices and specs for consumers. And we'll see another Turing+Lovelace generation, yet again. Making everything but the 5090 appealing.
LordOfChaos
Member
I’m calling top here
You're calling a top. Jen-Hsun is signing tops. You're not built the same
Have to give the spatula hording prick some credit, he stuck in there with the AI push for years believing it would happen while everyone else seemed content to let nvidia sow the field. This is what happens when your the leader and not content to let someone else establish the market and try shoehorn into it once it's established.
People bitch about their proprietary software making competition hard, well everyone had like at least 10 years to start creating these open source initiatives but no one got serious until nvidia hit gold. Probably going to suck for us gamers with nvidia not overly interested in gaming anymore but from a business perspective they nailed it.
People bitch about their proprietary software making competition hard, well everyone had like at least 10 years to start creating these open source initiatives but no one got serious until nvidia hit gold. Probably going to suck for us gamers with nvidia not overly interested in gaming anymore but from a business perspective they nailed it.
Silver Wattle
Gold Member
I don't own any NVIDIA shares, but now seems like a pretty good time to cash in your earnings, it will dip again very soon and you can rebuy at a 10-15% discount.
DenchDeckard
Moderated wildly
Ive been working in this industry for years upon years and my two regrets are not buying shares in AMD when I knew Ryzen was coming and also not buying stock in Nvidia lol
Mister Wolf
Member
I'm up over $11,000 on my initial investment. It's been a fun ride. How high can this keep going?
GHG
Member
It's Monday.
GHG
Member
why are some of you celebrating a company who is gouging you?
Because you can gouge their stock by a much larger degree.
Roman Empire
Member
Give it 3 to 5 years.
Badlucktroll
Member
My stock split this morning….is good or bad?
LordOfChaos
Member
It's generally considered a positive sign the company expects shares to keep growing in value, as the split makes them more affordable. The value is the same, 10x the shares at 10x lower prices. Sometimes that causes a run.
A reverse split is conversely considered a bad sign the company is trying to stall circling the drain of delisting.
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