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RE: Stock market continues to crash..but NVIDIA goes up on reports of "frenzied demand for graphic chips"
You have stated it all with "Nvidia Corp's (O:NVDA) graphic processors, or GPUs, are so overwhelmingly popular that gamers and cryptocurrency miners are willing to pay up to three times the original list price to get their hands on its cards online".
This is exactly why I love Nvidia Corp and why I am a heavy investor in them.
Do you have any stock in Nvidia???
I know they are a little pricey at current levels. however I still see them as an excellent investment.
I have also Resteemed this post to help share this information with others.
Clever! Thanks for resteem.
No, I don't own NVIDIA, but I've owned robotics funds (ETF's) for years, and I think they have NVIDIA in their portfolio. BOTZ, ROBO and XLK. I am 100% out of the funds now..I magically managed to sell just before the correction. The reason was that I wanted to buy cheap cryptos for the money..but just hours after I sodleded the stock market crashed as well. So I just sat in cash, and is still sitting in cash until I think the corretion/crash is over. At least minimize my losses.
Sitting on cash is always an option. That will allow you to invest at the price you choose after the correction. Sounds like we are like minded on investments. Have a great Friday!
You too!