AUG 27. ENVIDIA is holding a key for AI…let’s wait and see…

Chun09
4 min readAug 28, 2024

The last week of August is passing as it goes. It has been a quiet time since the FED’s Jackson Hole meeting last week. The whole global markets are only looking at NVIDIA’s performance record which will be opened tomorrow.

As mentioned yesterday, we could get a rough idea of ​​the present and future of the global AI industry from NVIDIA’s performance this time. Investors are pouring in a huge amount of money to AI industry, but when on earth will the world change?

When and how would these AI companies be able to recover their investment? Already, some companies are showing signs of giving up.

US has given up EV industry because of competition with China then switched quickly to AI. Let’s wait and see…

US stock market was up a bit today. Rumors of NVIDIA’s performance are circling around, not bad at all…

The major indices fell in early market, but went up in the afternoon session. DJ index was up 0.02%, S&P…

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Chun09
Chun09

Written by Chun09

Trying every day, engraving what we’ve been through

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