Nvidia Pullback Amid AI Optimism

2 months ago

Multiple

"Tiger NVDA shares have been uh down nearly 2%. So basically the issue is that SoftBank sold its entire stake in Nvidia pocketing about 5.83 billion dollars. OMG, Nvidia? It's a pullback. I don't know. I mean, you know, the long-term trends on AI. I mean, we just heard from the earnings cycle we just completed here for the tech companies. Boy, they're still spending huge amounts of money and they show no signs of slowing."

The speakers discuss Nvidia's recent 2% pullback following SoftBank's stake sale, while emphasizing that strong long-term AI trends remain intact. They suggest that the temporary drop might be seen in the context of massive tech spending and continuous investment in AI projects.

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