NVDA

And finally, folks, we have Nvidia. How can we end the day without covering Nvidia news, especially after their announcement of a $150 billion share buyback program? That initially pushed the stock higher, and it closed the day up 1.68%, but note that I have an upward trend line that has effectively blocked all of Nvidia's attempts to rise so far.

I said we had another topic. We talked about "Net" and " Now", and now we're talking about " Nvidia". So, let's move on to your third choice from the Big Three. Honestly, it happened by chance, but it's interesting.

Today, yes, we are talking about "Nvidia". It is certainly a name that commands a large following in the market, and has shown some relative strength recently. Once again, I think it's a name that could challenge the upper limit of the trading range during the next quarter.

Therefore, I believe that Nvidia will maintain this upward cycle, and is likely to break out of the range to record new record highs during this quarter.

If you are thinking of companies like Broadcom, Marvell, Qualcomm, Nvidia, AMD, and Apple, all of these companies rely on TSMC for at least some of their products.

The next stock I will highlight is Nvidia. Nvidia, of course, is the most prominent name in the artificial intelligence boom. The company that started it all with its own accelerated graphics processing units (GPUs), which enabled the optimization of large language models and created the possibilities we see today.

So, um it'll be interesting to see do the semis get back in gear. Um I'm still in Nvidia. Nvidia to me um I had a sell imbalance. It's still in here. Um it's still building. I think this is important to to watch moving forward.

It's uh October 1. Some new flows probably come in. They have their buyback. They're able to absorb some sellers. There's still a lot of optimism about the next year or two on spending etc.

Anyway, Nvidia, that's it. Yes, I said, as you know, this resistance, the Green Line of resistance, was working very well. It is occasionally broken by the candle line . There is no sell signal.

The trend is still upward. Profits will continue to be amazing for this company. You just need to access 236 and hack it. I don't know when it will happen, but it will. Should I hedge here?

no. Should I buy here? no. Will I sell here? no. It's more like a neutral zone, but I think it will continue to rise for some time.

Today , I will talk about AMD, Broadcom, Amazon, Meta, and Nvidia.

Nvidia dominates this market, but companies like Microsoft, Meta and OpenAI don't necessarily want to rely on a single supplier for all their computing needs.

Nvidia has a well-established software system, huge customer relationships, and much larger revenues from artificial intelligence.

take us through Nvidia and how you're looking at Nvidia right now. Uh, you know, it's just hard not to absolutely love Nvidia, you know, because of Jensen Wang. I mean, you know, I know I've been I'm I'm like the open-source AI guy.

I talk about it pretty much every week. I mean, we see what you know, Daario and Sam Alman, Open AI and Anthropic have been doing. And, you know, Nvidia is taking that different approach.

Now obviously Nvidia and Open AI or I'm sorry open AI and anthropic need uh Nvidia but you know Nvidia is just like hey we just want to power it and and it just reminds me what's so exciting about it is you know I lived through the PC era my first business was actually building PCs I know that might sound weird in these days but we used to bolt them together custom order and everything and you know whether it be DOSs and you know DOSs was Microsoft DOSs was like this way that made the computer accessible to everyone.

Then of course, Windows, you know, Windows 3.11 particularly, you know, it took off. Windows 95, so on. And all of these hardware providers, they were like, "Hey, we don't care what operating system you run.

Just buy our hardware and we know that that is Nvidia." And I just love the way that Jensen Wang is approaching it is just saying, "Hey, we're going to support everything. We're going to power this move."

I thought I was being overly optimistic about Nvidia's stock. I have ranked it as the best stock you can buy this year. I own Nvidia stock in my investment portfolio. It is one of my largest financial centers, and I am preparing to buy more of it.

So, I thought I was one of the most optimistic investors in Nvidia stock. But today, on September 28, Nvidia's management team announced an additional $150 billion share buyback mandate, meaning they will purchase additional Nvidia shares for that amount, in addition to their remaining $85 billion mandate.