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alessandro ( alessandro@lemmy.ca )  to PC Gaming@lemmy.caEnglish · 22 hours ago

Nvidia, Micron, and other AI stocks take a dive after elections

www.pcgamer.com

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Nvidia, Micron, and other AI stocks take a dive after elections

www.pcgamer.com

alessandro ( alessandro@lemmy.ca )  to PC Gaming@lemmy.caEnglish · 22 hours ago
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No loud popping sounds yet, but an AI market correction appears to be underway.
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  • Aceticon ( Aceticon@lemmy.dbzer0.com ) 
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    7 hours ago

    Once the last one or two years of stock price rises get wiped, that’s when the fireworks really start.

  • iamthetot ( iamthetot@piefed.ca ) 
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    17 hours ago

    Sandisk (SNDK) is down 42% past 6 months, however year over year they’re still up 272%, and past 5 years they are up 2,200%. So, like, to give it some perspective, they have plenty far to fall still.

    • Aceticon ( Aceticon@lemmy.dbzer0.com ) 
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      7 hours ago

      Yeah, we’re not yet anywhere close to wiping out the AI bubble price rises.

  • Uriel238 [all pronouns] ( uriel238@lemmy.blahaj.zone ) 
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    13 hours ago

    Funny, my news feed told me Dow was up. Maybe it was non-tech stocks providing the lift?

    • BillyTheKid2 ( BillyTheKid2@lemmy.ca ) 
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      12 hours ago

      Dow is more industrial and NASDAQ is more tech. Investors are fleeing tech for industrial, and I pray GPUs get cheaper.

      • Midnitte ( Midnitte@beehaw.org ) 
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        8 hours ago

        Going to take years for prices to get back to sanity

  • mars296 ( mars296@fedia.io ) 
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    21 hours ago

    KyloRenMore.gif

  • mHtt ( mHtt@lemmy.ca ) 
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    15 hours ago

    its like when the seal is broken after u have been sniffing ur farts in bed all night.

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