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CK KS | Personally, I think the Nvidia and the entire AI market is overvalued and headed for a major crash, just like the DOT COM bubble. Read a little about it, and these AI companies lend money back and forth to each other. I don't remember the exact numbers but there is a percentage of Corporations that have adopted AI in their systems and have seen zero decrease in their bottom line. Also, BILLIONS of dollars are being sinked into data centers and power generation for AI that does not have the publics support behind it. None of this is a sustainable business model as far as I know. As soon as this momentum ceases, this thing will come tumbling down.
But I really don't know anything when it comes down to it. Just my 2 cents. | |
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The Fed and nvidia
