Semiconductor stocks have been pummeled recently, opening up a nice potential opportunity to buy these stocks while they are down. However, not all semiconductor stocks are created equal, so investors should be selective.
Let's look at one chip stock I'd buy, one I'd continue to hold, and one I'd sell.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If there is one chip stock to buy in this sell-off, it's Nvidia (NASDAQ: NVDA). Not only is the company the AI infrastructure leader, but its stock is also incredibly cheap and continues to grow rapidly.
Nvidia's biggest advantage is that it has created a wide moat with its CUDA software platform for AI model training. It is the dominant player in the **** e because, many years ago, it planted CUDA in places doing early AI research, making its proprietary software the main platform where most original AI code was written. But this wasn't the only prescient move Nvidia has made over the years; its 2020 acquisition of Mellanox laid the foundation for its networking platform.
#platform #cuda
Let's look at one chip stock I'd buy, one I'd continue to hold, and one I'd sell.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If there is one chip stock to buy in this sell-off, it's Nvidia (NASDAQ: NVDA). Not only is the company the AI infrastructure leader, but its stock is also incredibly cheap and continues to grow rapidly.
Nvidia's biggest advantage is that it has created a wide moat with its CUDA software platform for AI model training. It is the dominant player in the **** e because, many years ago, it planted CUDA in places doing early AI research, making its proprietary software the main platform where most original AI code was written. But this wasn't the only prescient move Nvidia has made over the years; its 2020 acquisition of Mellanox laid the foundation for its networking platform.
#platform #cuda
3 months ago
