Nvidia is the new money.

Icollecteverything

I saw a company named Lamda ? got a 1/2 billion dollar loan using the Nvidia chips they own as collateral.

derryb

dang, how much is the salsa worth?

Chips, as proven in the last supply chain breakdown, can be a valuable asset.

Higashiyama

It’s not that much different from using real estate or a fleet of automobiles or something else as collateral.

Also, keep in mind that the value computer chips diminishes over time due to obsolescence.

cohodk

Companies often turn their own shares into cash via stock issuance.

SONOMOSCA

An Italian bank in Italy has been taking Parmigiano Reggiano as collateral since 1953.
Unlike some items, this delicious cheese goes up in value with age.

https://italoamericano.org/parmigiano-bank/

Clackamas1

I just bought a new pickup thanks to NVDA.

pcgscacgold

@Clackamas1 said:
I just bought a new pickup thanks to NVDA.

I am using AVGO, COST and NVDA to retire early

cohodk

@pcgscacgold said:

@Clackamas1 said:
I just bought a new pickup thanks to NVDA.

I am using AVGO, COST and NVDA to retire early

Well done!!

TwoSides2aCoin

I’m using silver and gold to further my illustrious career. I just sit and wait. They will call. They will sell. They will buy. They know real money creates new money.

GoldFinger1969

Only the AI chip shortage leads to this situation.

Once supply ramps up, NVDA chips have been boom-bust in the past.

Icollecteverything

Any time a stock goes parabolic like this you have to think about taking profits especially when it becomes a large percentage of the portfolio. If you have mutual funds and ETF's you should check them to see if NVDA is in them also. I have a fund that I bought long ago dedicated to chips. Nvdia is a whopping 25% of their holdings! It also appears in the Qube, SPY, and at least 3 other mutual funds averaging about 5% holdings each which adds up a lot. Most of these funds also hold some of my other big gainers like MSFT, GOOG, AMZN and AAPL.