I’m not sure about you, but I’ve really, really heard about this guy quite enough.
The chap doing the same thing which made Al Franken lose his Senate seat is Jensen Huang, the founder and centi-billionaire CEO of Nvidia, which only a few years ago was a barely-known niche maker of graphics cards for serious gamers…….
…..and, in the greatest instance of lucky timing in human history, just happened to have precisely what the AI boom needed, causing his stock to soar from meaningless to trillions:
Indeed, it just the past THREE MONTHS, this stock has gone up more than TWO TRILLION DOLLARS. Considering how AI is 100% responsible for this happy marriage, you might call it a tit-for-tat situation.
I don’t mess around with NVDA, but I’ve definitely been taking advantage of semiconductor insanity by shorting carefully-chosen vehicles. My two favorites right now are AMD, with a stop-loss at $159:
And ON, with a stop-loss of 159.
I also shorted SMH yesterday, which was at a lifetime high. All I can say is that if the bloom ever falls from either the AI rose or the Crypto rose, Jensen is in for an epic collapse.
