Nvidia's single-day big dump of 6% hits a seven-month low. Is the GPU market about to change?

Question

[Coin World] Today, news came from the U.S. stock market that Nvidia's stock price directly fell by 6%, which is the biggest single-day drop in more than seven months.

It is important to know that the graphics cards from Lao Huang's family have always been a hot commodity for miners and AI training, and this sudden big dump has caught many by surprise. Some analysts believe it may be related to concerns about the AI bubble, the underwhelming launch of new products, or a reassessment of market demand for chips.

For us in the community, NVIDIA's trend is, to some extent, a barometer of the industry's prosperity. Will GPU prices loosen up? Can mining costs come down? These chain reactions are worth continued observation.

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LuckyBearDrawer · Accepted Answer

Is the opportunity to buy the dip here? Or is it a signal to continue to fall...

BTCRetirementFund · Answer

Ha, after waiting for so long, there are finally signs of movement.

Looking forward to the day when GPU is at a low price.

Even Lao Huang can&#39;t hold on anymore, BTC is bound to rise this time.

It should have fallen long ago, this bubble has been blown too big.

If the mining cost can be lowered, there will be work to do, just have to see what happens next.

FromMinerToFarmer · Answer

Really, can the price of graphics cards be brought down this time? My Mining Rig is gathering dust.

ConfusedWhale · Answer

Old Huang finally has his day, it was about time to adjust.

Does the computing power need to drop in price? Only then can miners have a way out.

It&#39;s again the fault of the AI bubble, it will burst sooner or later.

If the GPU loosens up, I can build a machine, let&#39;s wait and see.

How long can this wave of fall last? There will definitely be more to come.

CoffeeOnChain · Answer

Old Huang&#39;s fall this time is a bit harsh, but I think we need to wait and see

Is the AI bubble really about to burst? It feels a bit hasty

It would be great if GPU prices could drop; the Mining costs are too high to sustain

This matter needs to be observed continuously; we can&#39;t just look at one day&#39;s trend

To be honest, I am a bit tempted to buy the dip, but I don&#39;t have the courage to do so.

BakedCatFanboy · Answer

Wow, did Lao Huang finally give in? The miners are saved now!