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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

02/12/18 at 1:26 PM CST

 

 

READ: 3

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

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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