More chips, anyone? QQQ to the moon!

Stockcharts ^ | 2/22/24 | self

[TexasGator]

“AMD excels in the server space. “

Then why are their sales going south?

[TexasGator]

“Did I?”

You said you would rather own AMD over NVDA stating it had better upside because it was 1/3 the price.

[1of10]

“AMD excels in the server space”

Now you guys have got me all wound up ... I won't be sleeping, by morning my eyes will be bleeding and I'll have so much caffeine in me it won't be funny.

But .... I might know enough to try a pop(piece of pie)
in the space...

I just love running down new rabbit holes, might find a rabbit .. or ....

[TexasGator]

“Nvidia’s AI chips are $90k, AMD’s are $30k,”

I just saw the NVDA H100 price. $30k.

[TexasGator]

“Nvidia’s AI chips are $90k, AMD’s are $30k, and Nvidia can’t meet demand. If you were building a server farm, and not a bespoke machine, which would you go with?””

AMD just announced their M1300 AI chip last December. Is it even available?

[1of10]

I said that ?

hmmmm ..... not really remembering that.....

but old guys get a little frazzold once in a while ..
like I said “Might be the meds.....”

[Mr. Blond]

“Nvidia does not disclose H100 prices...but each chip can sell for $16,000 to $100,000 depending on volume and other factors.” - Reuters

AMD’s new M1300 chip is $15k, and outperforms both the H100 and H200. All earnings estimates are up, but they don’t report again until May.

I trust NVDA will serve you well, but I believe there is more room for growth in AMD. If you’re interested: https://seekingalpha.com/article/4672671-amd-is-the-instinct-mi300x-worth-it-rating-downgrade

[Mr. Blond]

You might like this https://seekingalpha.com/article/4672671-amd-is-the-instinct-mi300x-worth-it-rating-downgrade

[CFW]

https://townhall.com/tipsheet/saraharnold/2024/02/22/nancy-pelosis-massive-stock-trade-paycheck-n2635614

“Nancy Pelosi’s Massive Stock Trade Paycheck Raises Concerns”

[1of10]

Thanks for that link ... ref-AMD research

I'm remembering why I stopped doing fundamentals so much..
eye watering ....
cash/debt ratios
insider trades
sec fillings
numbers .... numbers
bla bla bla

Blackrock and vanguard like it

I haven't seen anything to make one worry about holding ..
the projected growth does seem to be high but when you consider the space ...

One thing I've learned .. server rooms are not what they where the last time I built one into a building..2001

if I am going to catch up on this space it will take some serious late nights..

Lots of short shares available at .41% about half the active shorts are dark pool .62 days to cover...

So nobody's shorting it ... everyone will lease their shares out for next to nothing.. says a lot.

again thanks for the link remember .... for ENTERTAINMENT only

[1of10]

NDX new high

ouch....

I might be rounding up strays all day ...
I
still
think

I
...............can pull something out of this

and we are off ...

[Eccl 10:2]

TLT getting juiced again today. That’s gonna feed the frenzy.

We’ll see if the Fed keeps filling the punchbowl.

[TexasGator]

“AMD’s new M1300 chip is $15k, and outperforms both the H100 and H200.”

Reports only say it may perform as well.

AMD down 2%
NVDA up 2%

[Eccl 10:2]

QQQ now under what I sold at yesterday.

And there goes 18000.

We’ll see how long this downdraft lasts.

[TexasGator]

“outperforms both the H100 and H200.”

So says AMD! AMD is 6 months behind in AI hardware. 1-2 years behind in AI software.

NVDAs H300 will be out in a few months.

[CFW]

And there goes 17925 on NDX. Will it go down below 17900 before noon or can they fight their way back up to 18000? I said yesterday I was going into sqqq. I think that may have been a wise decision. What goes up irrationally based on one stock’s earnings report, has to come back down to reasonable levels.

[Eccl 10:2]

Good call. NVDA now noticeably red, down 75 bps as I write this. Looks like an island reversal after the big gap up. I expect a regression to the mean, or “reasonable levels” as you stated.

[TexasGator]

“I think that may have been a wise decision. “

I hope you sold this morning!

[TexasGator]

“NVDA now noticeably red, down 75 bps as I write this. Looks like an island reversal after the big gap up. “

NVDA up 18.

[1of10]

Well all I can say is ....
my behind is getting raw from sitting on this fence
sqqq 11

We got to the edge of the slope one time ..
Let’s move ...one way or the other.... let’s go

Are we going skiing this afternoon?

hmmm .... Let’s see where we are at 2:30 ISH

? candles ho...