Tell me again how there is no AI bubble, nvda is propped up by demand from OpenAI (and many others like it), both companies announce a collaboration with 500B, nvda invests a further 100B into OpenAI. Now OpenAI faces strong and competent rivals who put the squeeze on them, and the market expects it to have a domino effect on nvda...
This circular funding (with constant expectations - that looks like borderline begging - of further input from overly eager and naive investors) literally creates an AI bubble waiting to pop if one player goes down, and we know it is not only OpenAI that nvda is relying in for further growth. The AI chips are starting to look like gambling chips where everyone is pushing them around and fueling an unsavoury habit.
BofA Goes Bullish, H20 Sales May Lift — Is $180 a Buy?
According to Reuters, China’s demand for H200 chips has already exceeded NVIDIA’s current production capacity, and the company is evaluating an increase in H200 output.
However, NVDA still traded lower during Friday’s session.
Nvidia’s path to selling in China has been turbulent—can the resumption of China sales help boost its revenue? And can this mark the end of Nvidia’s recent decline?
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