PIMPING STOCKS

[Bretsky]

I'm not. Personally, I think most of the AI stuff is overblown. Probably a good chance to make money short term but I prefer to buy undervalued businesses.

we have to agree to disagree there well...unless you consider short term the next 5 years )

[call_me_ishmael]

we have to agree to disagree there well...unless you consider short term the next 5 years )

I dunno man. I think at some point they're gonna have to prove to be viable businesses and AI is _very_ expensive to run. I do think it'll get a lot cheaper though over time and commoditized. Think of all of the value that Meta has destroyed by committing to open source and open sourcing llama. I see little incentive to pay for OpenAI and their shady business practices for example when you could certainly run your own enterprise llama system for cheaper and more secure.

[Bretsky]

I dunno man. I think at some point they're gonna have to prove to be viable businesses and AI is _very_ expensive to run. I do think it'll get a lot cheaper though over time and commoditized. Think of all of the value that Meta has destroyed by committing to open source and open sourcing llama. I see little incentive to pay for OpenAI and their shady business practices for example when you could certainly run your own enterprise llama system for cheaper and more secure.

Perhaps, but dude, look at some of the earning reports coming out in the last two quarters of these AI driven stocks. They've truly made some F'ck you type profits and growth from 23 to 24. Some insane growth. If we get two more years of growth like this, even if it flattens out, those ignoring AI are missing out on a ton of profits. The earnings growth, in companies like NVDA, AMD, TSM (that I regrettably don't own yet) and many other stocks whose growth has been driving by AI is kinda crazy.

[call_me_ishmael]

Perhaps, but dude, look at some of the earning reports coming out in the last two quarters of these AI driven stocks. They've truly made some F'ck you type profits and growth from 23 to 24. Some insane growth. If we get two more years of growth like this, even if it flattens out, those ignoring AI are missing out on a ton of profits. The earnings growth, in companies like NVDA, AMD, TSM (that I regrettably don't own yet) and many other stocks whose growth has been driving by AI is kinda crazy.

Sure but I don’t personally consider those AI stocks. Those are chip stocks. TSMC is the play here IMO because they will manufacture everyone’s custom silicon. I keep selling my Nvidia. I have culled in by 40% now after a 10x or so gain.