For members who have NVDA, it is still king. Today's Semiconductor Index tanked over 4% due to ASML which had an earnings report miss. Despite its miss, Nvidia has consistently said demand for its AI GPUs is still robust. Earlier this month, the company
stated in an investor presentation “demand continues to exceed supply” even after supply has expanded significantly this year. Last week, Nvidia management also
said Blackwell GPU products are “booked out 12 months,” which means if a customer puts in an order today they won’t receive the product until late next year.
For those who have MSTR, it had a mini-climax top, getting well ahead of Bitcoin. It is therefore not surprising it needs to back-and-fill for a bit. It continues to outperform BTC based on overall correlation between the two names.
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