The market is turning on $NVDA, the largest company on Earth leading the AI and robotics race, because of some rumors about Google selling hardware that was already accessible through their cloud

And it’s turning on OpenAI because Google delivered a good model, as if the model leaderboard didn’t change every month after each update

Two months from now OpenAI could launch a killer model, and $NVDA could say they’re booked for 80% of Rubin capacity already, and the market would love them again

It’s all a constant overreaction followed by another overreaction