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- Oct 6 The ChatGPT effect (OpenAI) is real
Market
“Figma $FIG ( ▲ 7.39% ) jumped up 10% and $AMD ( ▲ 23.71% ) Advanced Micro Devices moved up 33% just on the mention on that OpenAI was going to work with them” 😊 😋
This still feels like a trap, so I am not taking long positions yet. But all indices were higher
OpenAI mentioned taking a 10% stake in $AMD ( ▲ 23.71% ) and mentioned an integration with $FIG ( ▲ 7.39% ) in their ChatGPT product and both stocks shot up. OpenAI is still a private company and still valued at $500 Billion - which is the largest in the private world.
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Insights from the portfolio
Video of the day
Today’s video is on Arista Networks $ANET ( ▲ 2.75% ) the AI networking company.
