AI Factories - $NVDA, $TSLA & $META
Meta $META and Tesla $TSLA are the only companies building "AI Factories" to develop their own AI products and services. That means Tesla is buying A LOT of NVIDIA chips for #FSD.
Meta $META and Tesla $TSLA are the only companies building "AI Factories" to develop their own AI products and services. That means Tesla is buying A LOT of NVIDIA chips for #FSD.
Although this bubble might not make sense at first glance, we think there is a relatively simple explanation for what is happening: the appetite for risk has gone up dramatically.
Top 5 trims in alphabetical order are: AAPL, AMZN, CRWD, GOOG, HOOD, META, NFLX, NVDA, TSLA. Hmm, that IS almost everything.