Actually a company like Nvidia is not a bad way to hop on the Crypto train without actually buying something like bitcoin directly. A lot of their performance in years past has been fueled by demand from Crypto mining for GPU's.
And a lot of their current outlook is driven by AI/GenAI tailwinds which also is reliant on GPU power.
Still quite a bit of Hype, but still something tangible underpinning it.
Is it getting into balloon territory? Maybe. But the AI/GenAI momentum is real - not that dissimilar to what took hold with Y2K. Hopefully that doesn't lead to a similar crash that we had post Y2K but either way, we still have some room I think before that becomes a real threat.
And a lot of their current outlook is driven by AI/GenAI tailwinds which also is reliant on GPU power.
Still quite a bit of Hype, but still something tangible underpinning it.
Is it getting into balloon territory? Maybe. But the AI/GenAI momentum is real - not that dissimilar to what took hold with Y2K. Hopefully that doesn't lead to a similar crash that we had post Y2K but either way, we still have some room I think before that becomes a real threat.
Too many games to fit in signature....