06-20-2024, 01:01 PM
Elon will spend 3-4billion on NVDIA GPUs this year alone.
Several other AI companies will be spending more this year.
AI is GPU intensive. NVIDIA could see another stellar year.
You can ignore crypto but mass adoption is happening right now.
Investment firms opened BTC ETFs and have purchased 47 billion in BTC so far.
It's like 4% of the supply give or take.
People are buying gold for hopes of a 15% yearly return. We are going to end up mining one of those quadrillion $$ asteroids if we aren't already.
Never invest in something you don't understand and don't use. My 2 cents.
Several other AI companies will be spending more this year.
AI is GPU intensive. NVIDIA could see another stellar year.
You can ignore crypto but mass adoption is happening right now.
Investment firms opened BTC ETFs and have purchased 47 billion in BTC so far.
It's like 4% of the supply give or take.
People are buying gold for hopes of a 15% yearly return. We are going to end up mining one of those quadrillion $$ asteroids if we aren't already.
Never invest in something you don't understand and don't use. My 2 cents.