The big problem Lei Gong is worried about: tons of people in the comments are using fundamentals and earnings reports to defend Nvidia $NVDA , but this time I’m siding with the fundamentals crowd.
I come from the chip industry, so let me be blunt: if you want to build decent large models and AI applications, Nvidia is the only GPU option. The only one. After the US embargo, people here have tried all sorts of ways to get their hands on cards, and even cut-down versions get snapped up instantly. Compared with Nvidia, Cambricon is like a tricycle next to a brand-new luxury car.
Its moat is so strong that outsiders can’t even imagine it. I might be bearish on memory and $SNDK from a technical perspective, but I’d never use that to be bearish on $NVDA .
#NVDA #Crypto
I come from the chip industry, so let me be blunt: if you want to build decent large models and AI applications, Nvidia is the only GPU option. The only one. After the US embargo, people here have tried all sorts of ways to get their hands on cards, and even cut-down versions get snapped up instantly. Compared with Nvidia, Cambricon is like a tricycle next to a brand-new luxury car.
Its moat is so strong that outsiders can’t even imagine it. I might be bearish on memory and $SNDK from a technical perspective, but I’d never use that to be bearish on $NVDA .
#NVDA #Crypto