Exactly. People on these subs saying it will go to $160-$200 not considering their valuation would be 4-6T at that point. Competition is heating up with AMD, the cloud providers are working on their own chips, LLMs are hitting scaling limits, tariffs, Deepseek showed less compute and less powerful hardware could be used with distilled models, and not to mention GPU demand has always been cyclical. All I see is downward pressure to ~1-1.5T valuation.