Inverse Kramer hits Nvidia
(media.kotakuinaction2.win)
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He’s a little late. 2.5% is chump change to what it’s run up.
Still, he’s a good grift. If Cramer is saying buy it, it’s to leech all the dumb trend investors. Oooh! I must have current thing! Right before they all dump it and it leads to massive collapse, so they get all the plebs money looking to get rich AND then the government comes and bails them out any risk they had left.
AI will indeed collapse, but not as long as the US prints 4T a year, most of it going to that AI/data center garbage.
Eventually people will get fed up with that BS and stop using it, or use it only for a few specific thing (and not waste billions a day). But this is a day far in the future