Chips are under pressure, but NVDA's business isn't. $NVIDIA(NVDA)$ is down 6.6% over the past 5 days as semis slide toward a bear market, yet revenue is up 83% YoY to $303B with 75% gross margins. Mega-cap earnings week is coming up.
Chips are under pressure, but NVDA's business isn't. $NVIDIA(NVDA)$ is down 6.6% over the past 5 days as semis slide toward a bear market, yet revenue is up 83% YoY to $303B with 75% gross margins. Mega-cap earnings week is coming up.
Comments