Wow $NVDA, where do I start…

not sure just how sustainable this performance is, I mean semi’s still are pretty cyclical, and $ASML is still probably as acyclical as you can get in this world, but impressive performance nonetheless. $ASML obviously benefits from increased semi demand as well so I’m happy.

I’m still of the opinion that this won’t last and the expectations baked in already, and even more inflated ones coming after this report won’t hold and we’ll see a lot of disappointed investors who are plowing money in right now.

I think it’s delusional to think that somehow Nvidia maintains near monopoly on the AI chip market for too long and also I think we are heavily inflated on the spending in this space, it sort of reminds me of the dot-com era where telecoms were also heavily investing into the internet and fibre infrastructure only to see a lot of it fail and much of the infrastructure unused, although utilized in later years when development of internet finally caught up.