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Chinese chipmaker shares surge 470%

bbc.com

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Re: Chinese chipmaker shares surge 470%

#2
I have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.

Re: Chinese chipmaker shares surge 470%

#3
post #2

I have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.

Tesla is kind the same. Everybody bought it, because it went up so much, less because of the product. I guess every AI would do the same.

Re: Chinese chipmaker shares surge 470%

#4
post #2

I have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.

If the chinese government feels its critical to china's success then it will be backed like alibaba and wechat and others were

Re: Chinese chipmaker shares surge 470%

#5
post #2

I have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.

Tesla is kind the same. Everybody bought it, because it went up so much, less because of the product. I guess every AI would do the same.

I wonder what the effects of TSLA dropping to reasonable levels (a drop of about 90%) would look like.

Re: Chinese chipmaker shares surge 470%

#9
Prediction - we are going to figure out SOTA AI performance without requiring 1TB of memory within a year or so.

Of course CXMT, Micron, and family will still be profitable, but maybe not 'surge 470% from IPO' profitable.

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