Fear mongering articles making it seem like they are doomed and will go bankrupt after bad quarterly results were announced. Articles were probably sponsored by rich people wanting to buy Intel stock for cheap. But they won’t go bankrupt because the US gov./army need Intel to stay relevant against China, and Intel is basically the only American company that both designs and fabs their own processors and that is still relevant.
That and the fact that Nvidia is over valued (they are valued at 30x the value of their assets).
Yup. I wager the vast majority of that is AI hype. Nvidia is the king there and in datacenter GPU compute in general, and investors are betting that Nvidia will continue to dominate and that market will continue to be relevant and grow.
I have my doubts, but as a famous economist once said:
Markets can remain irrational a lot longer than you and I can remain solvent.
So I’m not putting my money where my mouth is just yet.
Fear mongering articles making it seem like they are doomed and will go bankrupt after bad quarterly results were announced. Articles were probably sponsored by rich people wanting to buy Intel stock for cheap. But they won’t go bankrupt because the US gov./army need Intel to stay relevant against China, and Intel is basically the only American company that both designs and fabs their own processors and that is still relevant.
That and the fact that Nvidia is over valued (they are valued at 30x the value of their assets).
thirty times???
Yup. I wager the vast majority of that is AI hype. Nvidia is the king there and in datacenter GPU compute in general, and investors are betting that Nvidia will continue to dominate and that market will continue to be relevant and grow.
I have my doubts, but as a famous economist once said:
So I’m not putting my money where my mouth is just yet.
That is an excelent quote.