Reddit Posts
This isn't a memory cycle anymore, and SK Hynix hitting US markets is the next leg
Tech stocks to the moon or down the hell?
Leverage in South Korean chip stocks is out of control
If your portfolio is red today, don't assume something broke.
Review of last week: AI remains the main theme, but the market has become selective
Throwing in the regard towel, finally.
Strategy to exercise OTM options after market close on Expiry Day (becomes ITM after hours)
Shelly Group: Tiny Smart-Home Boxes, Fat Margins, and Actual Profits
Hyperscalers are implementing techniques that could compress memory usage by up to 40x
Most of the stocks are at the bottom of the tariff prices. Way too oversold. Massive pump incoming.
Now that SPCX hype is done, can we start pumping NVDA again?
Market rotation is becoming obvious but retail is still stuck in old narratives
Qualcomm +12% pre-market after doubling 2029 non-handset revenue target to $40B and targeting $15B in AI data center sales
Micron Price Target Analysis Part 2
PSA: RAM (2x DRAM) open for retail day after MU beat
How I feel after seeing Micron report 86% margin
📓 Daily Brief: Theta Gang Goes To Wendy's
Is NVDA dead or are they creating a buying opportunity for themselves?
What’s with all the NVDA call buying?
Reflection AI will pay SpaceX up to $6.3 billion for access to NVDA GB300 chips and Colossus infrastructure.
Specs were already net short the Nasdaq at a 1-year extreme before Tuesday's crash.
Watchlist Update | What Am I Still Focusing On After the AI Pullback?
NVDA annual meeting today at 9am PT, stock sitting around $200... anyone else watching this closely?
AI Token Prices Keep Falling.
Chip selloff: bargain or "wait till Micron prints"? what's actually pulling semis back green
SPCX has been quietly making my year, anyone else in this one?
NVDA 210P 7/31 expiry - Should I take profit or hold?
TSMC's CoPoS packaging tech could lock in AI chip dominance through 2030, anyone else paying attention?
Holographic/VR/AR Industry Development Weekly Report, Week 25
SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
Watching MU raise while NVDA stays stall is killing me. Too late to switch to MU?
The AI trade is starting to look like a copper trade too
THE WALL-E PROTOCOL: Elon is Using a 2008 Pixar Film as a Corporate Roadmap and Nobody Has Noticed
THE WALL-E PROTOCOL: Elon is Using a 2008 Pixar Film as a Corporate Roadmap and Nobody Has Noticed
US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'
Accessing US Stock Leverage from Europe: Platforms, Limitations and Alternatives
All My Eggs in One Basket: Keep holding NVDA or Sell at a Loss?
Elon Musk Says He's Building a Chip '2-3x Better Than Nvidia' at 10% the Cost. Should Nvidia Investors Be Worried?
CELH (Celsius) is to MNST (Monster) like AMD is to NVDA
Got some cash to play - Thinking all tech. Should I buy individual stocks or an ETF?
Reddit mentions for NVDA, GOOG and GME all collapsed 45-66% in one week. One IPO ate the entire conversation.
Is anyone else looking at this perfect storm hitting by November? ($150 oil, US debt spiral, and the IPO index drain)
Does most of the analysis on this sub miss the key point? What can be done to answer the key question?
I have 235k to invest. How should I split it?
How to ensure you're not investing too wide as opposed to too deep?
Would love some honest feedback on my portfolio - heavy on tech, open to criticism
Would love some feedback on my stock portfolio - heavy on tech, open to criticism
NVDA Government Contract Analysis: Not Compelling
That is all i need to know about SPCX
The most interesting SpaceX trade might not be SpaceX.
Picking Option strikes based on Delta is not enough - Volume profile can change your decision
Picking strikes by delta alone has a blind spot: what's underneath them matters to
Is Blackberry Primed For a Comeback?
Is Blackberry Primed For a Comeback?
New midweek expiration dates getting approved by regulators
The most interesting SpaceX trade might not be SpaceX.
I Sold All My VOO for a Concentrated NVDA Bet. Should I Have Just Bought Options Instead?
🚀🚀 $OCC, THE FIBER OPTIC ROCKET WALL STREET FORGOT ABOUT 🚀🚀
“Book Talking” from Jensen – NVDA’s Jensen Huang called a global tech stocks selloff a buying opportunity
AAPL officially a NVDA customer: Blackwell B200s powering new Siri on GOOGL Cloud
RELL (Richardson Electronics): The most misclassified AI infrastructure play Wall Street is completely ignoring? (Deep Dive)
chip names ripped today after friday's bloodbath, but the tape under INTC looks weird
chip names ripped today after friday's bloodbath, but the tape under INTC looks weird
Mentions
Its NVDA, they all just hate it 🤌
What in the actual haram is going on with $NVDA
$NVDA the past few years
Sheesh semis but especially NVDA SUCK!!! Yet we are seeing breakouts in sectors like healthcare and JNJ. The rotation narrative is in effect tbh. Hoping mañana NVDA MU and RKLB pump up
Been a NVDA bear for over a week now and I’m not sure what lesson I should learn. But I can definitely afford the tuition now.
Am I high? SPY and NVDA are up like .25%. This could flip red in twenty minutes.
NVDA will pump the day after you sell
If NVDA doesn’t pump tmo man oh MAN fuck that stock
I thought NVDA would open $205 and it’s about to be fuckin red
I need RKLB, NVDA, PLTR, OKLO, NVTS green for a green portfolio. Too traumatized to check.
Why did i buy NVDA? I thought it was due for a run, but it just falls more and pumps less than the rest of AI everyday 😒
Can NVDA get in on some of these rips? How about a little love for shoulder guy?
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **NVDA** ▲ | $230.00 (above) | $208.09 | $194.70 | +10.5% | 21h 16m |
If brown suede Easy Rider $NVDA 1000.
I went to confession at church today, and Jesus spoke to me: "Buy NVDA."
Because it's not. People are so terrified of a bubble that many AI stocks are pretty reasonably priced. NVDA is sitting at 20 forward p/e while growing revenue by 20% every quarter. Stocks like CAT, WMT, and SPCX as well as gold/silver (though those are down a lot already) are much more bubble-like.
Foxxcon Just added rocket fuel. NVDA should start climbing again... but it should never have gone back under 200.
What if we kissed at the reestablished NVDA $200 support level
So NVDA gunna do shit or nah this week?
I have a feeling my NVDA puts are cooked
That '24 yen carry trade was such a pussy ass reason to dip. That's when I bought most of my NVDA position.
1. AI is a goldrush. 2. Data centers are supposed to be "gold mines." 3. Miners aggressively competed to build the biggest, deepest mines. 4. $NVDA made bank selling "picks and shovels" to the miners. 5. Gold = Profits. 6. Four years in, no one has found a single nugget of gold. 7. Data center mining has despoiled our environment; slag abounds. 8. Alas - like the dwarves of Moria - we dug too deep. 9. A Balrog is emerging to destroy the U.S stock market. 10. There be dragons. A gold rush with no gold. The greatest misallocation of capital in the history of the planet. A reckoning draws nigh. #Sauron is coming for your ass 🫵👿
NVDA you better surf that KOSPI gain from Friday. At least boogie board it.
LOL. Like actually laughing at you. Inflation is always expected to be 2%. That's the literal recurring goal for the feds. Plus $50 billion is .1% of the stock market. .08% of stocks and treasuries. Its nothing! NVDA moves that in an afternoon. You are very confused.
You’re not totally wrong that margin can create forced selling, but I think the mistake is treating it as the main explanation for every sharp AI-stock pullback. Leverage can definitely make moves worse. If a crowded group of stocks drops, some accounts get margin pressure, brokers may liquidate positions, and that selling can hit other names in the same account. So yes, it can create a cascade effect. But it’s usually one piece of the move, not the whole cause. AI names are already highly correlated because a lot of investors own the same basket: NVDA, AVGO, AMD, MSFT, SMCI, etc. Add ETFs, options hedging, quant/risk models, profit taking, valuation concerns, and earnings reactions, and you can get a broad selloff without margin calls being the only driver. On penalties: the “penalty” is mostly practical, not like a fine. You can be forced to sell at bad prices, lose control over what gets liquidated, pay margin interest, face higher margin requirements, or have your account restricted if you keep creating problems. In extreme cases, if liquidation doesn’t cover the deficit, you can still owe money. So I’d frame it like this: margin probably amplifies downside in crowded trades, especially high-beta AI names, but it’s hard to prove it’s the main driver unless you have actual margin debt/liquidation data. The bigger lesson is that when everyone owns the same growth theme with leverage, the exit door gets smaller during selloffs.
Dear Jensen, I need NVDA to go up 20% in the next 2 weeks to break even, or I lose 25k. Sincerely, a stupid retard who thought it would keep running after hitting ATHs
This seems less like an assignment problem and more like a downside exposure problem. You’re holding shares *and* a LEAPS, so the upside reset math looks clean, but the real test is what happens when NVDA drops 20–30%. This may work fine in a bull market, but it seems like the strategy is really dependent on picking quality names that don’t stay down for long
That's honestly kinda catching on. If you want a low key pick go NVDA
I expect (wish for) red for the green Mag7 (NVDA) 😈
Musk really is N1. People talked trash because The Walrus spent $18 Billion on NVDA GPUs he had no use for. Months later, rents them out for: * **Anthropic**: $1.25 billion per month. * **Google**: $920 million per month. * **Reflection AI**: $150 million per month. So, in **8 months**, the GPUs paid for themselves, and he still owns them 😂
Bad news is canceled. !banbet NVDA 200 1w
> THE biggest AI players dont have enough of it And now, they can just rent Meta's GPUs instead of buying from NVDA
Does it matter though? In any case, other companies can get compute from the cuck instead of buying GPUs from NVDA.
Your view is simplistic and flawed. Both sides are right. The AI hyperscalers could have spent all that money and successfully build something people might pay enough for to recoup the costs, but the bear thesis is that the valuation for NVDA is based on endless CapEx spend, which is absolutely not going to happen. This is all just upfront build costs and selling each other extra compute is a good indication we are slowing the big upfront hardware grab.
Me waiting for NVDA to fall some more 😈 https://preview.redd.it/g6zaf550bfbh1.png?width=864&format=png&auto=webp&s=24e798e8003a26fad6d9318ac4ddb9e3681b21de
what's the thesis on chips collapsing? AI buildout isn't close to stopping yet. RAM stocks' and NVDA's P/E, forward P/E and PEG are minimal. AVGO's P/E is a bit more expensive but forward P/E and PEG are pretty low, and it's had two big pullbacks.
ASTS will be $1000 a share.. IT will be a wild ride but HODL.... NVDA went through the same thing with far worse CRASHES
Holy smokeswowsa almost 300 contracts what a load and great gains so far sell none yet or peel off a few contracts at a time to lock in some gains. I had 400 UUUU contracts $.30 for the $9 calls And .62 for the $10 calls , bought when stick jumped to $7 plus …..and I fucked up selling them. They went over $10 Your goal is max value, but otoh I curse myself for selling NVDA shares at $8.69 thst would be worth 17 million dollars… RKLB seems like a golden company hold for max value good luck with this whopper play and congrats for your nice gains so far, over $6 !!!
Yer does seem overblown lol. But people on this subreddit buy 1 NVDA stock and ask if they should sell when its down 10%, so 15-50k is like a lifetime of their money.
My oldest shares of NVDA from 2017 and 2019 has 6000% gains. If I didn’t take any profit when it went up 5x and 10x initially I would had made way more money. Nothing I put into from the profits I took then matched the return of NVDA. Just glad I didn’t sell it all when “geez it went up a lot” first happened. Lesson for me is sometimes throwing the keys away is the best if you are in names that you are comfortable keeping for 1-2 decades. Active rebalancing and trades can absolutely lower long term returns.
Outside of regiment accounts NVDA QQQ VOO
NVDA, AAPL, MSFT. Echo the sentiments of everyone here on MSFT but still have faith
Currently: HOOD COIN NVDA Past 2 years: META AMD GOOGL AMZN MSFT APPL NVDA 🐐
GOOGL NVDA AMZN Close fourth is RKLB
hahh.. this is one of the underrated things about having everything visible in one place. the app didnt make the decision for you, but i does make the concentration obvious when you finally look. 31% in one name is probably less of a "should i sell NVDA?" question and more of a "what max single-stock weight am i confortable living with?" question...
For my non ETFs: MU, GOOG, NVDA
PLTR GME CSCO then 4 and 5 are NVDA, RKLB Rest of the top 10 are GOOG, AMD, TSLA, ASTS, AAPL ETFs are the bulk though. Those are just the top individual holdings.
You shoulda got Trump Account when you were a fetus. Put it on NVDA thirty years ago.
Koreabros really said "why actually own the stock when you can own 2x of the stock" and honestly (lol jk) respect the degeneracy. The gap between those ETF assets and daily volume is insane, like imagine $19B trying to exit through a $4.5B door. This is basically a liquidity bomb waiting to go off, one bad day in Hynix and those leveraged ETFs are gonna get crushed trying to unwind positions while the underlying barely moves. Meanwhile NVDA and TSLA have way healthier ratios which is why their leveraged products dont feel like they're held together with tape and prayers. If you're trading those Korean chip 2x ETFs right now you're basically playing hot potato with a grenade
NVDA LRCX KLAC: The semi king and the ones that make semis, including memory, possible.
SPCX PLTR NVDA TSLA BRKB/B All even amount of shares
NVDA, AAPL, GOOGL. LLY, CRWD, AMD, aren’t far behind.
MU NVDA ASTS avg 67, 12, 5 respectively no i’m not a millionaire unfortunately
I don't hold any single stock positions, only ETFs: |Holding Symbol|Holding Name|Overall Weighting|Number of ETFs Exposed| |:-|:-|:-|:-| |000660|SK hynix Inc.|1.47%|1 [ View](javascript:void(0))| |MU|Micron Technology, Inc.|1.39%|2 [ View](javascript:void(0))| |005930|Samsung Electronics Co., Ltd.|0.95%|1 [ View](javascript:void(0))| |NVDA|NVIDIA Corporation|0.78%|1 [ View](javascript:void(0))| |VSAT|ViaSat, Inc.|0.63%|4 [ View](javascript:void(0))| |AVGO|Broadcom Inc.|0.61%|1 [ View](javascript:void(0))| |LRCX|Lam Research Corporation|0.56%|2 [ View](javascript:void(0))| |402340|SK Square Co., Ltd.|0.51%|1 [ View](javascript:void(0))| |XOM|ExxonMobil Holdings Corporation|0.47%|2 [ View](javascript:void(0))| |FTI|TechnipFMC plc|0.46%|3 [ View](javascript:void(0))|
Top 3 in terms of % of my port at their current valuations looks something like this: 1. 43% ASML 2. 29% NBIS ... 3. A whole bunch of smaller positions including GOOGL, NVDA, KEEL, a real estate fund and some biotechs.
MU, NVDA, AMD Been the same since 2016 with rebalancing always towards MU Missed some of the biggest NVDA gains when I kept selling but caught the AMD and now MU run ups It’s been a good 2026.
MU tied with TSM NVDA (2x less than respectively MU or TSM)
People are always calling a bubble except in the middle of a bear market. Go look up all the hand wringing about a bubble in 2017, and of course there had always been plenty in the years prior and after that. Of course we all know the widespread concerns in 2020-2021. Ultimately those calling it a bubble were sort of correct, but did anybody benefit from sitting out of that market. Looking at it from 2026, no. Will certain stocks come down from these highs? Absolutely. Will the overall AI investment thesis go belly up? I wouldn’t bet on that. NVDA was once a bubble about 700% ago, now even most AI bears acknowledge it’s legit. AI has already come much further than what its detractors said 3-4 years ago.
Both OpenAI & Anthropic burning cash almost $40 Billion per year. Now $META cash flow after big AI-spending, miserable. Now $META $SPCX $ORCL $CRWV $NBIS & many have too much unused capacity want to rent datacenter. It means Meta-Llama AI models don’t work, or not profitable, want to rent it like xAI-grok, rent it. Recently $GOOG $ORCL $NVDA raised debt. How much all can fool all by Option gambling & leverage ETF & margin debt push 1.4 Trillion, when Fed hold higher rate, with new black box communication? https://preview.redd.it/ccnew9l399bh1.png?width=752&format=png&auto=webp&s=23c8096b5b3389ef6a00ac3a3fed922f01ccd5e3
Anything is possible. You can have both and diversify, but definitely consider it more long term than anything. My biggest positions are NTDOY and SCHD, and I plan on keeping them in my Roth IRA so I don't pay taxes on the dividends. I'm a newer investor but these are the ones I see most value in based on how cheap they are currently compared to most other index ETFs doing the same thing. I'm also considering investing in QQQI/QQQM and one of the higher yield SPY ETFs. NTDOY is more so for diversification and the fact that they're just a solid profitable company in gaming that I personally see growth in for the next few decades. NVDA is solid, but I think all semiconductors and most tech is incredibly volatile and uncertain with AI development futures. Sure, it's going parabolic, but for how long? AI might be utilized well in the future, but it's getting a lot of push back for good reason, and is mostly unprofitable outside of the companies getting their stock bought out to build and run data centers that are getting cancelled left and right. Do what you feel is right though, do as much research as possible and take it day by day!
It is what it is at this point, their AI models can run off a AA battery and a TI calculator. Behind the scenes they steal the best NVDA chips and Chap GPT inner workings
Does anyone remember how this sub was like in 2022 - 2023? I'm just wondering if they were hyping up NVDA & AVGO and got rich ✅️ or were hyping something else and still poor 🚫
NVDA legendary recovery Monday on the back of KOSPI gains or continued death spiral?
Not for this NVDA puts haver https://preview.redd.it/0flqoj2dc7bh1.png?width=864&format=png&auto=webp&s=4e5072c24abe92a62284dcc4dda561f19c57ce74
No, it's more like memory chips are in everything so when they jack up the price, it causes inflation as you can already see in the recent price hikes of PC, consoles, and other electronics. If oil comes down, but chips are still pushing up PMI and CPI, inflation won't go down as quickly as the Fed would like. Trump wants interest rates to come down, so it's not a good thing for him if this becomes an issue. He's already told Chevron and other oil companies to lower prices or face consequences. I think the same think will happen to memory chips if it turns out to be an issue. Democrats are also turning the younger generation into communists by latching onto affordability issue so they can win midterm. So if people are screaming electronics are too expensive and memory chip pricing power is the issue, you bet they're going to come out and say they're taking MU's equity of some dumb stuff like that. And then you also have Apple starting to explore options outside of the US for low-end chips and other mag7 trying to develop their own chips much like the TPU situation with NVDA, your pricing power will get hit. So my thesis is the stock is priced for perfection. Analysts are projecting for the EPS growth to slow down drastically in 28. If you have 2x or 3x'd on the stock you take your profit and move on. People that aren't in it don't see a good risk/reward for them to jump in so there's no new incremental buyers at this price. We are just waiting for fundamentals to catch up. Best case scenario, the stock stays stagnant for 2-3 years and maybe go up another 10-20%. But the downside is massive and could be triggered by any tech innovation.
So adding TSLA, MU, NVDA… to my Roth. What else??
Diamond hands. NVDA has the best cleanest bull case for the next year imo. You’re set. just don’t sell calls.
I made bank trading msft in the first half and now we’re all getting a second look at apparently identical price action just weeks later. Maybe don’t wait on the market crash when the stock is already doing it. META, NVDA, & NOW pretty damn cheap too. And watch NAIL if you have the stomach, obscene beta
I do two things. Large positions on small cap bets I like long term, and selling covered calls on more stable companies (NVDA, AAPL, AMZN) as an example. I'd use Claude to explain some of these concepts to you so you get a better handle on it.
The new-gen but boring ones: MU, NVDA, TSM, DAVE (too high now), and companies that profit from cheap gas, companies that can profit from medical AI, energy companies that can fund datacenters, semicons (maybe but timing is important), quantum companies (too soon), and keep an eye on weak businesses that might profit if Democrats gain power-of-the-purse again. Just DO NOT make the mistake of staying in a losing stock if there is a better stock that can make your money back quicker. It's America, we are still free for now! You get to choose your own gamble !!!!
This week had nothing to do with S.Korean people, and everything to do with the fact that S.Korea has two global-powerhouse companies that dominate their KOSPI 200. The gains in those companies were SO LARGE in 1H'26 that the June 30 rebalance in their index caused a lot of selling. Selling was magnified by the world's 3rd-largest pension fund which had to dump tons of Samsung & SK Hynix. Finally, the 2x Hynix ETF funds (leveraged funds) FLOODED the market with sell orders of Hynix. The Korean market was a mess. It impacted semicon exchanges there, and bled over to USA's SOXX, which impacted all the Nasdaq semicon stocks. Worst-hit were the higher-PE semicons, which got lambasted in the suspiciously-timed Morningstar report about semicons. (Tell me how many insider-trades occurred from the people who planned that Morningstar publish date!!!) Not to be outdone, Zuckerberg pre-empted the rebalancing with an admission that Meta prolly bought too much AI and needs to rent it out -- and then the black-sheep Burry says "Hey me too, I shorted MU and NVDA and SOXX cuz I always gamble 2 years too early, and my friends told me that Koreans might start something this week, and I missed the MU high of 1255 but I still wanna sound ballsy by shorting it at 1051. I'm relevant !!!" Koreans will be kind Monday because they're always kind. It's the governments & fund regulators/managers that do the foolish all-at-once rebalancing. They know about it far in advance. There are many less-destabiizing ways that they could rebalance. The truth is that funds make money by scaring individual investors. So they're incentivized to do sneak attacks on stock prices. Funds profit from the volatility (options), and individuals lose, and funds spread the message that individuals can't make it on their own, they need to turn all their investments over to paid managers who can "avoid the losses and scares".
Sometimes, I look at the stars, and wonder if aliens have their own equivalent of WSB and degen gambling 🤔 Anyways, NVDA <180 next week 😈 https://preview.redd.it/ahonp9csb4bh1.png?width=864&format=png&auto=webp&s=82b83e6df79e9da73277d4efeefc056504ecf873
NVDA market cap 2016: $75 billion. 2026: $4.71 trillion. whats the difference between $4 trillion and $400 trillion hahaha
Ok, agree that NVDA has probably hit a wall, but at 5T market cap wtf do you expect
No. Just smart. BTC went from $126k to $60k from October 2025 to today. During this period of time NVDA went from $184 to $196. During this time AMD has 2x'd. LITE has 5x or more.
Are you seriously excluding NVDA? Are you a noob?
If you're ever down on yourself, just remember there are people that held BTC down to $60k while watching nearly every AI stock (except NVDA) 2x to 4x.
**BanBet Lost** — /u/Crazy_Donkies (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **NVDA** ▲ | $199.57 → $207.00 | +3.7% | 3d | Lost |
Actually earnings growth and stock prices usually go hand in hand (at least for everything except Tesla). For growth stocks the market is pricing in future growth and profitability. Look at NVDA for example, which has increased in market cap or stock price by approx. 800% over the last 5 years. Their revenue went up from $17B in 2020 to to $216B in 2025, whilee increasing their Net Income Margin from 26% to 56%. But the moment that hyper-growth inevitably stalls, the market will re-rate the stock to a lower valuation multiple, and the stock price will plateau or correct. S&P 500 earnings growth was good this year and after the US-Iran war shakeoff we have seen a proper rise in the index. Same with the Emerging Markets, which are also driven by Semis and Memory as of SK Hynix, Samsung Electronics and more.
Would NVDA have a similar path forward if the Zuck does as expected, I wonder (and hope so) 🤔
NVDA is too cheap for shorting do something a high pe
ASML TSM KLAC would probably be at the top of my list. 2nd tier NVDA LRCX GOOG AMZN MSFT. That said, I am an avid dip buyer and if any particular stock dropped 50-75% there's a good chance I'm picking it up, even garbage memestonks.
MU isn’t anything like NVDA, NVDA has a huge tech moat, MU primarily has a manufacturing moat.
I mean tokens are now starting to cost their actual price not the subsidized one. One token is what you pay MU, SNDK, NVDA, energy companies, OpenAI/Anthropic, plus Hyperscalers cut. It is getting more expensive not cheaper. The only future for AI is cheap AI Models
You are wrong. Here are my SaaS holdings p/cfc: MSFT - 39x CRM -12x NOW - 24x WDAY - 13x Here are the p/cfc of popular semis: NVDA - 43x MU - 43x TSM - 65x AVGO - 54x
I didn't miss any boat kid. I was an early investor in AMD, NVDA, INTC, and NBIS. The difference is that I'm not blinded by the illusion of infinite growth just because of some trend you saw on Instagram or TikTok. Hardware is fundamentally cyclical due to obvious energy, demand, and cost constraints. Resources aren't infinite. For instance, advertising is a constant. You always need to advertise, which is exactly why GOOG and META are fundamentally non-cyclical businesses. Hyper growth has nothing to do with being cyclical or not. Microsoft already looking for cheap AI models, why? Because they know it is not sustainable, because no one will pay that much for it. So far it has been mostly subsidized by hyper scalers, this has stopped. I work as a software engineer, and I can tell you that token cost has dramatically increased, which makes companies be more careful with AI spending.