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OT - NVDA
OT - NVDA - Okay, this seems minorly crazy to me - Amazon
announced it is developing it's own AI chips. And that's weighing
on NVDA today, as it's down more than 2%. (And NVDA is only 6
points higher than before their incredibly blow-out earnings,
selling around $226. It absolutely crushed every number and raised
guidance.) NVDA is not a supplier to Alexa devices, and got knows
how or when Amazon's chips will appear and how they'll fare. Yes,
NVDA is growing its cloud business. But NVDA's got proven
expertise, whereas Amazon's chips are just an announcement. Is the
market really that scared that Amazon can bully their way into
instant competition? If it were I, I'd not want to pick NVDA as my
rival and count on winning.
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