I think its fair to say that every single card they made has been sold, so its just a question of what their production rates were.
Theory time: Ethereum mining has been the main reason that every single card is snapped up by scalpers or miners. Ethereum is moving to ETH 2.0 is a POS rather POW. Some miners will choose to switch to other coins, but none will be as profitable as ETH was. I predict sales from NVDA to start normalizing again and drop back to normal demand rather then crypto demand.
Sell it all! @WXYZ was just talking about this on his thread: https://stockaholics.net/threads/the-long-term-investor.6179/page-331#post-154807 The ban on crypto mining in China is leading to a lot of 2nd hand GPUs hitting the market there, and finding their way over to the States.
Chip demand should remain strong for this year and next so this should still rise. If Bitcoin goes to $100K this year NVDA should see more gains
I didn't realize the acquisition of ARM was looking so impossible. https://www.extremetech.com/computi...eizes-ip-relaunches-as-an-independent-company The onetime CEO of ARM China, Allen Wu, has reportedly seized control of ARM's Chinese business venture, ARM China. Mr. Wu is accused of attempting to launch his own company, Alphatecture, by leveraging his position at ARM China to do so. Companies were reportedly offered discounts on ARM China products if they would invest in Alphatecture. Investors and ARM agreed to oust Wu for this behavior in a board vote, 7-1, but Wu still possessed the seal of the company, which makes him its legal representative as far as Chinese law is concerned. Wu hired security to keep ARM employees from entering ARM China, fired employees who did not wish him to take over the company, and has sued ARM China to declare his own dismissal as CEO illegal. This means Allen Wu (person) is suing Allen Wu (ARM China). As Devin Patel reports, ARM has responded by refusing to transfer any IP from its new products. The newest CPU core ARM China has access to is the Cortex-A77. Wu has responded in turn by holding an event declaring that 安谋科技 (this appears to mean ARM Limited) is an enormous success, and that it would soon ship a new "XPU" line of products consisting of AI accelerators and processing units, image signal processors, security processors, and video processors. Most of this equipment is targeting the IoT market. ...this looks like one of the most blatant examples of IP theft that we’ve seen. The Chinese arm of a company has gone rogue and refused to obey the ruling of its own board. The head of that company is essentially treating it as a personal fiefdom, and Chinese authorities do not appear to have taken meaningful action to reign in Mr. Wu. While ARM China does not currently have access to the ARMv9 instruction set or any additional ARM IP, it appears that the company will attempt to use previously transferred assets to bootstrap its own transformation into an “independent” company.
NVIDIA shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $245 to $320. Nov 4, 2021 10:49a ET
