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- Nov 5, 2018
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On the eve of the mid-term elections in the US
Click here --->Wall Street weighs prospect of an AI slowdown on data center buildout<---
Many of the hardware OEM's stocks are taking a beating.
What does that mean for us?
The economy is going to make a hell of a beating, the likes of 2008.
Every mom and dad invested heavily in AI related stocks. They knew not why, nor what they were getting financially involved in.
Well folks you are about to learn what the dollars they gave up represented, not much of anything besides a bunch of promises.
The good:
Expect hardware prices to briefly fall below before the AI gold rush.
OEMs will start dumping existing inventories in a desperate move to regain profitability.
Their enormous inventories that they we gambling AI would create a need far beyond the current amassed stockpiles that normally would be headed to the end consumer no longer has the projected need. They had planned charging huge premiums just to make these projects possible.
Greed is not good in the end.
Click here --->Wall Street weighs prospect of an AI slowdown on data center buildout<---
Many of the hardware OEM's stocks are taking a beating.
What does that mean for us?
The economy is going to make a hell of a beating, the likes of 2008.
Every mom and dad invested heavily in AI related stocks. They knew not why, nor what they were getting financially involved in.
Well folks you are about to learn what the dollars they gave up represented, not much of anything besides a bunch of promises.
The good:
Expect hardware prices to briefly fall below before the AI gold rush.
OEMs will start dumping existing inventories in a desperate move to regain profitability.
Their enormous inventories that they we gambling AI would create a need far beyond the current amassed stockpiles that normally would be headed to the end consumer no longer has the projected need. They had planned charging huge premiums just to make these projects possible.
Greed is not good in the end.