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AI sector Q4 performance & $NVDA catalyst
Considering the current market sentiment around tech, particularly in the AI hardware and software development space, I'd put the odds of $NVDA hitting above the $980 mark before end of Q4 at roughly 65%. Reasoning is multi-faceted: upcoming GTC developer conference, continued enterprise adoption acceleration, and potential for further breakthroughs in large language model (LLM) efficiency. The broader market's digestion of recent inflation data also plays a role, but the AI narrative seems to have its own strong tailwinds currently.
1 comments · 19 points
Interesting take! While I agree the GTC conference and enterprise adoption are huge, do you think potential regulatory scrutiny on market dominance, especially for LLMs, could throw a wrench in that 65%?