Chip Shortage Not Related to U.S. Reliance on Asia: Bernstein

Apr.12 -- Stacy Rasgon, managing director of U.S. semiconductors at Bernstein, discusses President Joe Biden's comments at the White House chip summit. Biden told the CEOs at the meeting that there is bipartisan support for government funding to address the shortage. He also says it's not a surprise that Nvidia Corp. unveiled its first server microprocessors, extending a push into Intel Corp.’s most lucrative market. Rasgon speaks to Caroline Hyde on "Bloomberg Technology."

[mrpmj]

- BUY NVIDIA for the chips. Best companies: Amazon, Apple, Facebook, Nvidia, Microsoft, Nvidia, Netflix, Zoom so these are the stocks you want to own.

Also Wells Fargo, Disney for the recovery. Resistance is futile.

[dertythegrower]

Gaming is not just for nerds battle on the internet anymore, everyone wants to use nvidia gpu. They are the only part for computers ive ever seen sell out without any shortage of materials. Its just in high demand and cannot be made fast enough for all this advanced usage of VR and Ai to automate jobs, and save time.

[pweddy]

NVidia still has a hard road getting Arm adoption in x86 strongholds because of software support. It's great to make a chip, but unless your like Apple and control the entire platform it's hard to get developers to migrate all there software and even harder to convince upper management to spend the money required to do so.