Largest chip maker recalls massive shipment of chips... Calls or Puts on NVDA?
Posted: Jan 19, 2025
- In December 2024, Frito Lay recalled Lay's Classic Potato chips due to undeclared milk allergen
- Frito Lay is a competitor of $NVDA
- The recall could impact demand for smaller chips due to AI
- OP considering betting life savings on this situation
- Frito-Lay has issued a limited recall on Lay's Classic Potato Chips due to undeclared milk
- The affected product was distributed in Oregon and Washington
- Consumers who are allergic to milk should not consume the product
- No other Lay's products are affected
- The specific product details for the recall are provided
- Consumers can contact Frito-Lay Consumer Relations for more information at 1-800-352-4477
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - There are both bearish and bullish opinions, but the mention of a market dip and puts suggests a more negative sentiment. Summarized comments: - Some users suggest buying puts due to the impact on programmers and potential bad code. - Some users predict a dip in the market as a result of the recall. - Others suggest buying calls, indicating a belief in recovery or upside potential. - There's mention of a new product, Frit-O-Nano, introduced in Arizona, which some see as bullish. - A humorous reference to making sea salt chips under the NVDA brand. Stock tickers discussed: $NVDA
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