NVDA - Nvidia

**Azz** · 24-08-2023, 04:44 PM

Originally Posted by strikereureka

2T Market cap coming up soon.

Agree. With one caveat:

China.

* A stupid move by China on Taiwan, and/or
* a meltdown of the Chinese economy.

**pedro.nz** · 24-08-2023, 05:10 PM

Be very interesting where this one goes tomorrow as it jumped $30:00 immediately in the after hours market (6.75%) so guessing more of the same tomorrow.
Disc: Bought a few just prior to announcement so pretty happy with the result so far...

**Azz** · 24-08-2023, 05:15 PM

Originally Posted by pedro.nz

Be very interesting where this one goes tomorrow as it jumped $30:00 immediately in the after hours market (6.75%) so guessing more of the same tomorrow.
Disc: Bought a few just prior to announcement so pretty happy with the result so far...

We have two more trading days this week. Going to be interesting!

**Azz** · 24-08-2023, 09:24 PM

US$509.90
+8.22%
Pre-market 5:22AM EDT

**Azz** · 26-08-2023, 01:34 PM

Friday close: US$460.18

I don't think this is a case of "buy on rumour, sell on news". The results were stunning, way above most expectations. Market participants either feel fatigue and confusion from what's being created here, or the entire stock market is over-bought.

**pedro.nz** · 26-08-2023, 03:58 PM

A bit of profit taking I suspect as the results as you say were outstanding...

**Azz** · 31-08-2023, 11:31 AM

Wednesday close: US$492.64

**winner69** · 06-09-2023, 08:48 AM

Agree with this guys sentiment about why #1 better bet than #2 …..but made me wonder if that multiple is reverting back closer to past levels.

@michaelfrazis
$NVDA vs $AMD ... another case study in buying the #1 vs the #2 in any industry