Whether AI industry has peaked? Here's how JPM says
In a recent $JPMorgan Chase(JPM)$ roadshow report, analyst Joe Moore provided an in-depth discussion on the current state of the AI market, responding to the market's concerns about whether or not the AI industry has peaked.Below is a summary of the key takeaways from the report:State of the AI MarketDespite $NVIDIA Corp(NVDA)$ stock price volatility and $Broadcom(AVGO)$ erratic performance, demand for AI hardware (especially GPUs) remains strong and the market is still in its early stages.While there is a focus on factors such as product cycles and cabinet shipment sizes, the reality is that these factors have not had as significant an impact on the market as exp
All bullshit analysts. Last quarter report Micron already said revenue will be in several Billion , yet BNP Paribas downgrade and gave target price of 67, his brain in backside . That's why I always said you and buy and sell purely listen to analysts you will always lose money
$Micron Technology(MU)$ Great for now. Take your profits as when the fervour dies expect the stock to go below 100 again and then slowly retrace upwards again. Such is the play by the big guns!
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