Nov 11 AI valuations are getting reset, but the demand is still strong

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“While I dont know exactly when the buying point for $PLTR ( ▼ 1.37% ) will be based on the charts, the 200 day Moving average band is in the $134 - $142 range😊 😋

NASDAQ took a breather, but the Dow hit ATH and S&P500 did as well

$AMD ( ▼ 2.65% ) CEO Lisa Su said that AI demand is “off the charts” as she sees growth hitting over 35% YoY for AMD. The AI chip market is owned by $NVDA ( ▼ 2.96% ) with over 90% share, but $AMD ( ▼ 2.65% ) and others plan to eat into that share.

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