As far as I can tell, what she did is perfectly legal and happens all the time with tons of folks involved. I'm saying probably it shouldn't be. If new or more info comes out, again I say light her *** up along with any other federal official who did similar.
NVIDIA isn't an AI play. It's a silicon play. They've been making video processing technology for years. That tech has been very successful as demand for video has grown. It turns out when you have enough compute power to run high end video, by default, you have enough compute power to run lots of things, AI included. I've done absolutely zero research into their valuation, so I can't speak to their stock price. I bought some a while back and sold half when it doubled so I could preserve capital and continue to diversify. I'll be holding the rest for quite a while.
Are you suggesting that it is likely that she has an astute investment advisor who was smart enough to notice NVIDIA just like us SPSrs and millions of others. No way!
Haven't seen that timing from a reputable source, but would not surprise me. Honestly, who cares? I mean just think of President Xi: central casting, a brilliant guy. He runs 1.4 billion people with an iron fist. Smart, brilliant, everything perfect. There’s nobody in Hollywood like this guy.
People who make policies shouldn't be able to buy stocks. One-Eyed Willy Crenshaw is on the Pelosi gravy train too. He's on my shItlist. https://unusualwhales.com/politics/article/pelosi
And Super Micro is up another 30% since I made this comment.
They are a chip designer not a manufacturer. Tawain Superconductors makes all their chips. That is why we need Taiwan to stay exactly as they are politically. They do have the best in the world though.
And democrats proposed a bill to end their direct control of their investments. Republican house killed it. What’s your point and are you willing to vote to get the congress needed to pass that bill?
Good for her. Anyone on the planet paying attention to AI could pick it. You do realize Nancy was damn well off prior to even being in Congress right? Give me 20 million dollars and after the past 30 years, if I didn’t have atleast 200 million dollars, the that would make me a terrible investor.
I've got some Intel and AMD as well (and some NVDA but I'm fairly recently into it). I know Intel has been beaten up and had some missteps, but given that they handle their own foundries I think they can be in a good position. If this AI thing is an actual long term trend I think they'll go 5x over the next five years, but I also don't expect any good gains anytime soon.
I was expecting a slow down after the 100:1 split. Didn't happen. I'm long NVIDIA.
I don't think so. People, for many years now, have been buying their graphics cards on allocation and reselling them at a profit. I watched this for years before I bought their stock. Anything can happen, but this is not some recent change in their fortunes driving the stock. There are real tailwinds behind it. I own some Intel too because I keep thinking that an "Intel" can't continue to miss out on things. They do have some new graphics cards/GPUs that are supposed to compete, and have a strong announced development pipeline. Otherwise they are consistent and pay a small dividend.
Obviously Wallstreet hasn’t heard about the Wendy’s drive through debacle…. **
The Swamp includes Democrats and Republicans.
I really like Rivians. Everyone I know with one speaks well about theirs. There’s a dealership in Chicago right across the street from a Tesla. The Tesla dealership is basically empty day in and out, and the Rivian dealership is always buzzing with people.
I had a short career at local tech company. I distinctly remember this kind of discussion coming up during one of our team meetings. The Republicans were the bad guys with all of the money. I took a moment to point out to them that the Democrats had just money as much as Republicans did, they had just as much stock and bonds as their Republican counterparts. Really it was not about parties, to begin with. It's about the official Washington... the are also the people that try tell us what a politician is supposed to be. I'm telling you guys, our problems are not Republican or Democrat; it is official Washington. It has grown into a uncontrollable beast.
They're definitely a great company with a quality product. That valuation though....
I don’t own Nvidia but did buy Broadcom AVGO three years ago. It’s had a nice run as well and hopefully will continue!
They do indeed ring a bell at the top, and it comes in the form of an autographed rack by the CEO. -25%
