$219.31
24h
+1.94%
11 May, 16:00
Bearish on NVDA China visit outcome
Bearish-1.15%
AI Summary
Author expresses bearish view on NVDA despite recent surge, expecting disappointing China visit results and GPU sales difficulties in China.
Driven by news of Jensen Huang visiting China with Trump, $NVDA surged again, with market cap hitting a new record of 5.4 trillion USD.
However, I think the results of the accompanying visit may be greatly disappointing. GPUs may still be hard to sell in China, with resistance on both sides. https://x.com/Balder13946731/status/2053867913074049160/photo/1