system
A chat on subreddit /r/wallstreetbets
human
What about the future which is AI? Nvidia seems to be leading in providing necessary hardware
gpt
It's still hard to tell. I would say it is sufficiently priced in, given their financials last year had been quite decent on the datacenter / ML / AI related side, and the market did react to it. Now they are facing a very unpromising consumer market and more growth in datacenter market is not going to be easy given the size of existing market. Not to mention investments will be severely limited under a high interest rate environment. I would still consider buy it at cheap, but definitely not at this price. It's just a rally and may not hold at this position for long.