First Down 1%, Then Surging Over 4%! Nvidia's Dramatic Reversal on Earnings Night. Should You Still Chase at $219?
Nvidia's shares experienced a roller-coaster ride in after-hours trading following its earnings report, initially falling then rallying. Rubin orders, an approximately 70% growth forecast for the next fiscal year, and the assertion that 'demand exceeds supply' were the key drivers behind the market reversal, while gross margin and financing concerns remain potential risks.
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