Nasdaq Sinks 5% as Investors Retreat from AI Trade After Election

Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by mixmastamyk on Thursday November 05, 2026 @03:06PM (#50383781)

Good hardware companies are now trading at far under ten P/E, hardly ludicrous valuations. Sure there are some poor companies out there, but Nvidia and Micron are not among them. Buying opportunity when things settle down.

[ Parent | on HN ]

Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by nyorai on Thursday November 05, 2026 @05:30PM (#50385423)

Nvidia has not been a buying opportunity for a while now. Training new models is the moat it possessed. The models are as good as they can be and have diminished returns beyond this. TPUs by google and CPUs by AMD are eating into their inference margins.

Micron is a different beast though.

[ Parent | on HN ]

Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by mixmastamyk on Friday November 06, 2026 @11:52AM (#50394882)

All the hardware makers are supply constrained, p/e reasonable, so nvidia has some more room to run. Though not be unicorn growth from here.

[ Parent | on HN ]