Last night NVIDIA reported and sold off as the market was disappointed with the Q3 forecasts.
As the bellwether stock for the AI sector, it will be difficult to have an AI boom if NVIDIA is not taking part.
Today we dig into the result and look at what is being extrapolated.
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Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth.
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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.