Reported 11 months ago
Shares of Nvidia (NVDA) are rebounding after a recent dip, prompting questions about whether to stay invested in the chip stock. Neuberger Berman Senior Research Analyst Daniel Flax provides insight into Nvidia's recent performance, highlighting the importance of data center demand, supply constraints, and the potential for improved supply in the coming quarters. Flax emphasizes the need for continuous execution on product roadmaps and a vibrant ecosystem to drive growth. Despite short-term volatility, Flax remains optimistic about Nvidia's long-term prospects in the AI market, advising investors to focus on companies with strong intellectual property and product development capabilities amidst a changing landscape in the industry.
Source: YAHOO