NVDA just got the kiss of death from my dad, his last tip was to buy Bitcoin in November. Sell now if you have some
Hi ben ji,
NVDA announces earnings Thursday after market close. My buy price is $238.
I will look for a run up, topping (peak), then sell looking for a re-buy in at a lower price.
There were two exciting articles today - one about their new "touring" based AI chip technology (replacing their Pascal based chip technology). Another was an analyst professing a 40% upside potential.
Their automated vehicle work is a few years away for income impact, but the AI technology business is picking up nicely. Gaming remains their big bread winner.
They are a good stock to follow. PE is about 49. An interesting counter is MU which has a PE of 5 and is also a chip maker.
That says something about the potential investors have in NVDA.
Dad