I think nvda being the leader of the herd will hold on the long term trend of climbing upwards.
The slides now are just blips, the hype is too big and nvidia too well known to have any serious problems... that is until the AI bubble bursts
Market Crashes, Price in Rate Hikes? When to Start Picking up Chips?
US chip companies lost roughly $1.3 trillion in market cap in one day.
The crash is essentially "crowded AI hardware trade + interest rate repricing + overstretched semiconductor expectations." Friday's non-farm payrolls delivered another blow: 172,000 new jobs added in May, clearly beating expectations, unemployment rate holding at 4.3%, hourly wages up 3.4%yoy. Rate-cut expectations back down. On top of this, the SpaceX IPO will siphon off hundreds of billions in liquidity. With this crash, will you panic and head for the exit, or treat it as a chance to get on board?
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