NVDAAVGO We’ve sold all leveraged long positions in NVDA and AVGO. The market isn’t in a great spot for longs right now, so we’re taking another short-term leveraged bearish position. (Still bullish on the market long-term.) 📉📈
NVDA If 8-bit and classification AI acceleration help bring AI to consumer and edge computing, it’s not a threat. It’s actually expanding the market for NVDA and the chip industry. Just like when China introduced budget smartphones, they made devices more affordable but never replaced high-end flagship models because the demand and use cases were completely different. Deepseek and similar lower-spec solutions won’t impact enterprise AI chip demand. Companies aren’t reducing their AI ambitions just because a cost-effective alternative exists. These solutions don’t meet the performance requirements for high-end AI workloads. If anything, they add another layer to the AI ecosystem, driving competition and accelerating innovation. At the same time, wider AI adoption will only increase overall demand for GPUs and chips. Thinking Deepseek will slow down the AI chip market is like believing budget smartphones would make high-end tech obsolete. That’s just not how it works. TSMAVGOASMLINTC
AVGO How we feeling after today, I saw Broadcom holding no levels today, I want to see it test 192 and see if buyers step in at 190 if not my contracts going ITM