NVIDIA CEO Jensen Huang backtracks
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Instead, they must focus on the future to make their best estimation about whether the stock is worth buying now or not. Another 1,500% rise over the next five years isn't in the cards, but could Nvidia at least double and crush the market?
Nvidia Corp. Chief Executive Officer Jensen Huang said his company is effectively blocked from selling its AI chips into China for now, as Washington and Beijing each impose restrictions on its sales into the world’s largest semiconductor market.
Over the past ten years, NVIDIA (NVDA) stock has delivered a remarkable $83 Bil back to its investors in the form of cash via dividends and buybacks.
Those worries have since disappeared, but in the coming weeks, Nvidia may be heading for another rough patch. In fact, my prediction is Nvidia stock is going to stall out on Nov. 20, following a key moment for the company. Let's take a closer look.
Dr. Michael Burry, a man of “The Big Short” fame, has a lot of courage to bet against a high-flying company like Nvidia (NASDAQ:NVDA), which has always found a way to skyrocket higher, even after nail-biting periods of concern.
Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing "very strong demand" for its state-of-the-art Blackwell chips, as its appetite for wafers from TSMC grows.
Nvidia Corp. Chief Executive Officer Jensen Huang said he had asked Taiwan Semiconductor Manufacturing Co. for more chip supplies as artificial intelligence demand remains strong.
Dr. Michael Burry, the brilliant investor and trader who bet against the housing market before the Great Financial Crisis market meltdown, recently disclosed his new positions, which include massive bets against notable AI high-flyers Nvidia (NASDAQ:NVDA) and Palantir (NASDAQ:PLTR).
The White House has informed other federal agencies that it will not permit Nvidia to sell its latest scaled-down AI chips to China, The Information reported on Thursday, citing three people familiar with the matter.
Nvidia shares are going through it. The chipmaker has lost about $440 billion in market value since Monday's close of trading, according to Dow Jones Market Data. If that holds through today's close,
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