That's my question I literally bought it at $150 a little over a year ago and sold it a few weeks later for like a $174 but now over $300 it's all of a sudden the generational buy?
Let me explain my thesis on this. Microsoft Google and others that are currently buying at the most expensive top of the AI boom are going to need to recoup their losses. They are going to need to charge acceptable premiums so they can make money on all this capex they are spending.
5 years from now there is going to be new Nvidia chips that are 20 times faster than anything that's being built right now. Most of the current hyperscalers are going to be done with their build out around that time because they have spent enormous amount of money by then.
This will cause these new Nvidia chips that are 20 times faster to be much cheaper because TSM has availability and there is more supply than demand. These new cloud providers are going to buy these chips for low cost that are 20 times faster than current Nvidia chips and they are going to be able to lowball cloud rates because they had extremely low capex compared to the older hyperscalers
I wish this game could figure that out. I really like the setup I like the whole game honestly. But it's not something anyone plays it's something you manage. I've tried to play it and there's no way to play it You just manage things