I was a cfo in a 160m+ corp for over a decade
Before that, numerous stints as corp controller in larger corp's than that
I am not, nor ever have been, a supporter of Trump
As far as the deal that Nvidia made....
They have invested in numerous spacs over the years....
I see this investment in OpenAI as something similar
Now it is much larger than their previous investments
But the bottom line is this
Do i trust the C suite of Nvidia, and do i believe my investment in their equity is sound and prudent at this time
YES
Listen pal.
We can talk about inflated equities and whether they match the true value of the company til the cows come, I'm sure you're happy with the stock price.
Fantastic, have a cookie, in fact, I bet you can afford several.
But you have never demonstrated a business acumen I've ever seen that shows me you know jack when just as an example, if I've confused your support for Trump with maybe just support for retarded policies like the tariffs:
You can produce whatever you like....but if it happens the way i think it is going to happen, your cars are going to be a lot more expensive now than the ones made here in the US
So the public will have the option of still buying those vehicles....just at higher prices
Just as the ones built in Mexico will now be higher
According to recent data, Canada experienced a trade deficit in 2024, with the overall international goods trade deficit increasing to $7.2 billion, primarily due to higher imports of goods compared to exports; while Canada did see a surplus in services trade, this was not enough to offset the goods deficit.
In 2024, the U.S. trade deficit was $918.4 billion, which was a 17% increase from 2023. This was the second highest trade deficit on record.
So, yeah....we NEED to do something....sorry if you see it differently
This is just one example I could bring up about how you don't really seem to understand things on a fundamental level, the idea that you NEEDED TO DO SOMETHING!!!!! is just ****ing stupid in that situation along with everything he's done since that you are failing to criticize because by the way, since you bring up vehicle prices:
New data published Wednesday shows that car prices and vehicle debt have reached record levels.
abcnews.go.com
If you're telling me you were a CFO (which I doubt given the things you say), you do not see an issue, say if you were the CFO of a Bread company for example, you would advise a deal to give $100 Million to a grocery store chain, that would turn around and buy your bread...
You wouldn't see an issue with that?
You would say that's a solid deal?
Yes I know your share price has done well, but we're talking about the fundamental business aspect of all this and all of this share price stuff around NVIDIA is based off demand for its chips, SORA 2 and its accompanying scroll page to me, shows major weakness, you look at the fundamental numbers of how much revenue they have to produce vs the upkeep cost of what they're building, vs the future upgrade costs of the chips themselves, this doesn't look good at all, AI companies, to cover the costs of all this funding scaling, they would need to eclipse Amazon, Alphabet, Apple, Microsoft, Meta and Nvidia combined in 5 years.
How likely do you think that is?
And that's my fundamental issue what the fact that you don't see the bigger picture and look, as far as the share price goes, the market can remain irrational longer than you can remain liquid in general, not you specifically, and so maybe this hype train keeps going for years more, but your inability to address the fundamentals and just focus on the share price, tells me you haven't even looked, nor care, nor perhaps even understand whats going on here.
If the demand for the chips was so incredible, if AI was going to do what it promised, why would this kind of investment even be necessary?
Because in theory NVIDIA should be selling the chips to competing companies at the highest possible price and not using its own money to essentially fund sales at a discount to companies they've invested in.
vestedfinance.com
