$NVDAB NVDA is in an interesting spot right now. Huang is pulling the "open" camp together, Meta, Microsoft and Google DeepMind have joined him. Anthropic and OpenAI argue the opposite: some of this tech is too powerful to leave open. Meanwhile Nvidia is quietly funding both sides, they just signed roughly $250 billion in guarantees for OpenAI's Ohio data center.
Microsoft and Meta report earnings today, Amazon tomorrow. The Nasdaq 100 is already down 10% from its June high. So NVDA's price right now depends on more than chip demand, it also depends on who wins this fight over the future of AI.
What's your take, healthy pullback before the next rally, or the first crack in the bubble?
Not financial advice, just watching the tape.
#NVDA #AI $MSFTB $META
Microsoft and Meta report earnings today, Amazon tomorrow. The Nasdaq 100 is already down 10% from its June high. So NVDA's price right now depends on more than chip demand, it also depends on who wins this fight over the future of AI.
What's your take, healthy pullback before the next rally, or the first crack in the bubble?
Not financial advice, just watching the tape.
#NVDA #AI $MSFTB $META