Reported 2 months ago
Following a recent sell-off, chip stocks, particularly Nvidia, are anticipated to regain momentum driven by strong demand for AI technologies, according to KeyBanc Capital Markets Equity Research Analyst John Vinh. He highlights that despite concerns regarding capital expenditures and potential delays in new products, Nvidia's upcoming earnings report is likely to reveal continued robust demand, especially as major tech players invest further in AI.
Source: YAHOO