Reported about 1 month ago
Veteran hedge fund manager Doug Kass expresses concern that Nvidia's best days may be behind it, highlighting the challenges of surpassing soaring market expectations after a year of remarkable growth. Despite a significant increase in sales driven by AI demand, Kass warns that the law of large numbers is taking a toll, leading to slower growth and potential profit margin contraction. The success of the upcoming Blackwell chips is crucial for justifying Nvidia's high valuation, but delays could lead to volatility and underperformance in the stock.
Source: YAHOO