NVIDIA Announces Record Financial Results for Q2 of 2023

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tunejunky:

i actually did sell some of my shares... to help pay for my mortgage after covid lost me bonuses, but i've kept most of them. i bought shares based on the "buy what you know" school of stock trading. lucky for me the share prices weren't particularly high at the time. they've since proven to be as good of a bargain as my Apple shares. funny how the stock i literally bought for fun and games turned out to be serious AF
That makes total sense, once the mortgage is paid you'll be sitting pretty. Besides you've probably close to made back on what you've sold as the share price has only been heading north at this stage.
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Denial:

Eh maybe - i think this is going to fade. There's a metric fuckton of VC money in AI right now - 90% of these companies will collapse and the demand will die down. Also Nvidia/AMD are starting to split their architectures for AI + other companies are starting to develop in-house solutions. It sucks now but I don't think this is going to last long.
I agree, 90% of those companies are doomed in the mid/long term but "AI" is here to stay and right now Nvidia is the leader by a very big margin.
alanm:

It takes balls to buy stock with a PE ratio over 100:1. Nvidia PE as of today is 245:1. Its a purely speculative stock. Sane investors wouldnt touch it for its fundamentals.
True but the same applies to most companies that have absurd valuations. It`s a consequence of the silly amounts of money that was created out of nothing in the last decades... But the casino can`t close, so place your bets and hope you get lucky...
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reix2x:

Your mood looks really interesting, i'm interested in Daggerfall, i don't know why but i didn't knew of it existence.. i use to make mod for GTASA myself
I downloaded Daggerfall Unity from GOG where it is free and really enjoy playing with the enhanced graphics and controls. Includes the best Daggerfall mods. It's also easy to update the game files when the Daggerfall Unity team updates their work. Edit: I believe this might be @HybOj project he did with GOG.
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pharma:

I downloaded Daggerfall Unity from GOG where it is free and really enjoy playing with the enhanced graphics and controls. Includes the best Daggerfall mods. It's also easy to update the game files when the Daggerfall Unity team updates their work. Edit: I believe this might be @HybOj project he did with GOG.
I just watch a GamerZakh video about it.. very cool kind of retro gaming stuff..
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alanm:

It takes balls to buy stock with a PE ratio over 100:1. Nvidia PE as of today is 245:1. Its a purely speculative stock. Sane investors wouldnt touch it for its fundamentals.
absolutely i wouldn't touch it now and have never re-invested in Nvidia... i bought Apple before Steve Jobs returned, Nvidia as an IPO (and the next five years), and AMD after the GloFlo sell-off the only stock i've bought with a high PE ratio was Intel and even that was only relatively high in the 1990's to me its all about the fundamentals of the company
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It's easy when the competition is even more incompetent.