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re: NVDA reportedly rerouting orders previously placed by SMCI (NVDA's 3rd Largest Customer)

Posted on 11/6/24 at 9:48 am to
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1559 posts
Posted on 11/6/24 at 9:48 am to
idk. the way i see it is you have a certain amount of money now, where is the best place for it to be sitting during this period you are prepared to wait?
Posted by hob
Member since Dec 2017
2286 posts
Posted on 11/6/24 at 10:40 am to
quote:

Does NVDA really need SMCI to buy there chips?


No, NVDA sells every gpu they can manufacture and they have long lead times.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
16938 posts
Posted on 11/6/24 at 10:41 am to
quote:

feel like I'm stuck and have no choice but to hold this stock (no matter how long it takes)


This isn’t an instance of missing EPS or bad press. Sounds like serious accounting issues. I’d take 50% over 0% if accounting fraud is on the table.
Posted by ODP
Conroe
Member since Oct 2015
1978 posts
Posted on 11/6/24 at 3:05 pm to
quote:

Let's all ignore that fact that 3 years ago NVDA dropped from a Pre-Split price of $400 to $100, because that was back in the dark ages and doesn't count.


Are we just ignoring the reason for the drop was mining with energy intensive GPUs was going the way of the do-do bird?
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