The article talks about how some people think that two companies, Nvidia and Super Micro, might be better places to put your money than things like gold or bonds, which are usually considered safe during bad economic times. These two companies make special computer chips and machines that help computers think and learn, which is called AI. Some people believe these AI things will become very important in the future, so investing in these companies could be a good idea. Read from source...
- The author starts with a definition of safe havens that is too narrow and excludes other possible assets that could be considered as such in different contexts or situations. For example, crypto currencies, real estate, commodities like oil, etc.
Bullish
Summary:
The article discusses whether two AI-focused tech stocks - Nvidia and Super Micro Computer - can be considered as new safe havens in a volatile market. It provides background information on what constitutes a safe haven asset and how gold and bonds have traditionally been seen as such. The article also mentions that while the broader market retreated for a second straight session, Nvidia and Super Micro Computer bucked the downtrend and performed well.