10/30/24 - $smci - Quick comment on mkt implications

10/30/24 :: VROCKSTAR :: SMCI
Quick comment on mkt implications

- trick, no treat for smci

so here's the treat ex. scmi...

- an nvda top 5 customer has implications for nvda that probably keep it in a short-term holding period (upside "capped" vs. other mag 7 that report e.g. meta and msft - beats - tonight)

- there is SO much demand for nvda chips that even if a top 5 drops out, u guys realize msft, meta, amzn, googl, elon... will take 100% of that demand

- so what happens here is that the mkt will probably "overly" reward a meta or msft beat bc the flows/ implications of index higher rotate less incrementally to nvda and chips (even tho you should be buying tsm, avgo as well as nvda)... and to the mega/ googl/ msft complex. this means index higher.

thought it's important to mention.

V