Ink, Cigars, and Overdue Rent

Something is coming… October 22, 2024 [WEBSITE]( | [UNSUBSCRIBE]( As a loyal Altucher Confidential reader, you’re getting a front row seat to something we’ve never done before. Ink, Cigars, and Overdue Rent CHRIS CAMPBELL Dear Reader, It’s the early 1900s. A time of smoky rooms, telegraph machines clicking away, and men in black suspenders yelling out numbers. The air smells of ink, cigars, and overdue rent. Bucket shops—unregulated, wild, and cutthroat—were where fortunes could be made or lost in an afternoon. Young traders hovered over ticker tapes like gamblers at a racetrack, chasing the next big move. A guy named Jesse Livermore, with nothing but his wits and a few dollars, stood ready to shoot his shot. The thing about Livermore, though… He wasn’t your typical trader. He wasn’t there to play the market—he was there to master it. And if you know anything about Jesse Livermore, you know that’s exactly what he did. He became such a stock savant, he was known around town as “The Boy Plunger.” Stories about him today are almost mythical. Legend has it that Livermore could walk into a room, glance at a stock ticker, and predict what was going to happen next… Down to the cent. Over his career, he transformed a modest grubstake into a jaw-dropping fortune that most only dream of—proof that with the right moves, even crumbs can turn into castles. Now, picture a modern-day Livermore, staring at the market with the same intensity and hunger… I know only a handful of them. One of them? Davis Wilson. As you know, Davis joined us a few weeks ago and has been gracing these digital leaves ever since. But what you might not know: Davis has been on a mission. I've seen it, James has seen it, and we’re both on board. That’s why… In less than a week, he’ll kick off something that’s been quietly building, and you’ll want to be there when it all clicks into place. It’s a journey that’s definitely going to get people talking. And, as a loyal Altucher Confidential reader, you’re going to get a FREE front row seat. Stay tuned. More details to come. For now, let’s hear from the man himself -- and see what’s going on in the battle heating up between AMD and Nvidia. Read on. [CRITICAL] Announcing A Major Change To Your Subscription! I’m reaching out because I’ve just announced some exciting new changes to Altucher’s Investment Network. And as one of my readers, I wanted you to be one of the first to know, because this could impact your subscription in a major way. In short, I’m announcing 3 highly valuable new benefits for subscribers, along with an entirely new “Pro” level of service. For a limited time, because you’re one of my VIP subscribers, I’ve arranged to upgrade your subscription at no additional cost to you through this offer. [Click here now for the urgent details.]( Newsflash: AMD Says Buy NVDA DAVIS WILSON Here’s a few quotes from a conversation I had this weekend: “Nvidia is too expensive.” “Nvidia is already up 190% this year… No way it can go any higher.” “I’m going to buy AMD instead. They’re the next Nvidia.” I’ve heard them each plenty of times. Maybe you have as well. My eyes roll back in my head each time I hear them. That’s because it’s clear that AMD and Nvidia are in different leagues. AMD’s "Advancing AI 2024" event pounded the final nail in the coffin – and their stock prices are showing it. AMD Launches the “Nvidia Killer” MI325X AMD recently launched the Instinct MI325X chip that many analysts deem as a direct threat to Nvidia’s data center graphics processors – otherwise known as GPUs. Nvidia currently controls 90% of this market. AMD’s CEO Lisa Su described the MI325X as having 1.8x more capacity and 1.3x more bandwidth than Nvidia’s H200, while also having 1.3x greater peak theoretical compute in certain situations. All great specs. The MI325X should start shipping at the end of the current quarter and will be in the field early next year, according to Su. AMD’s stock price closed down 4% the day of this announcement while NVDA closed higher 2.5%. Since the announcement – which was a little over a week ago – AMD’s stock has continued lower 6% while Nvidia is up 7%. The problem is that while AMD’s new chip may compete favorably with Nvidia’s H200, it’s important to know that Nvidia’s H200 was released in early 2024. That’s an entire year before AMD’s MI325X will be in the field. By that time, Nvidia’s Blackwell – the most advanced AI chip ever created – will be the new standard in GPUs. [Note: AMD decided conveniently not to compare their MI325X to Blackwell.] The real news from AMD’s event happened during the keynote speech by Su, where she said the total addressable market for data center AI acceleration “will grow at more than 60% annually to $500 billion in 2028,” driven by AI demand that has been growing beyond expectations. That’s an 11x increase from $45 billion in 2023, and higher than Su’s previous estimate of $400 billion in 2027. This is good news for AMD… But this is even better news for Nvidia, the de facto leader with 90% market share in the space. Remember last week when I said: “If you’re looking to buy Nvidia, don’t just research Nvidia. Research the whole industry. - Check its competitors like AMD and Qualcomm. - See what its supplier TSMC is saying. - Pay close attention to its customers like Meta Platforms, Microsoft, and Alphabet.” AMD’s "Advancing AI 2024" event is a prime example of this. AMD announced a chip that’s one full year behind Nvidia’s comparable model and predicted the market that Nvidia dominates will grow to $500 billion in 2028. It’s no surprise why AMD’s stock price has fallen this past week while Nvidia continues to trade higher. AMD should have just named the event "Advancing NVDA 2024.” Yet some people still want to buy AMD over NVDA… *eye roll* Regards, Davis Wilson For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. Response Requested 1/1000th of an ounce of gold available for {EMAIL} As a Altucher Confidential reader, you're being offered a 1/1000th of an ounce of gold when you upgrade your account. It will come in the form of a “Gold Back” - a new type of gold currency that’s starting to spread across America ([click here to view](. If you have not responded to this offer yet, and want to know how to claim yours… Please click the link below for details. [Click here to learn how to claim your new Gold Back Currency<]( Thanks! Amber Anderson Customer Service ☰ ⊗ [UPDATE PREFERENCES]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here,]( or manage your newsletter preferences [here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. 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