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I did the same s/ai/internet thing yesterday when I asked Bard to give me analyst ratings for cisco stock before the dot-com crash: "The highest analyst price
by enos_feedler 3y ago
I did the same s/ai/internet thing yesterday when I asked Bard to give me analyst ratings for cisco stock before the dot-com crash:
"The highest analyst price target for Cisco stock before the dot-com crash was $125 per share. This target was set by Merrill Lynch analyst Henry Blodget in April 2000, just as the dot-com bubble was beginning to burst. Blodget's target was based on his belief that Cisco was well-positioned to benefit from the continued growth of the Internet."
I was looking to compare with analyst targets set for NVDA yesterday. Analysts now are saying the exact thing about Nvidia being able to capture the continued growth of AI:
"JPMorgan set its price target to $500 Wednesday, double its previous estimate and among the highest out of the big banks. Analyst Harlan Sur said this is the “first massive wave of demand in generative AI,” with more gains to follow. He reiterated his overweight rating on the stock."
The ironic bit of course is that my own research here is powered by Bard which probably used an NVDA gpu to train it. But even those dot-com analyst calls were probably emailed around on equipment sold by Cisco.
If I were holding that stock right now, regardless of how right these analysts end up being over the next year or so. I would sell today
- bsilvereagle 3y ago> The ironic bit of course is that my own research here is powered by Bard which probably used an NVDA gpu to train it Google uses in-house TPUs for Bard. https://www.hpcwire.com/2023/04/10/google-ai-supercomputer-shows-the-potential-of-optical-interconnects/ https://www.hpcwire.com/2023/04/10/google-ai-supercomputer-s...