Reported 5 months ago
Nvidia is set to report its fiscal first-quarter earnings, with analysts expecting it to be a significant market catalyst. Niles Investment Management's Dan Niles discusses Nvidia's stock trajectory, up 98% year-to-date, and the upcoming Blackwell GPU release, despite concerns about Amazon Web Services potentially shifting orders. Niles notes that Nvidia's software, not just its chips, is its secret sauce, locking customers in. Despite potential risks, Niles believes Nvidia's valuation remains attractive, and he expects continued growth in the AI sector.
Source: YAHOO