Veteran Trader Invests in Nvidia After Recent Stock Drop

Reported 2 months ago

A seasoned Wall Street trader, Stephen 'Sarge' Guilfoyle, recently purchased Nvidia stock following a significant decline attributed to concerns over production delays of their new Blackwell processors. Despite the downturn in the tech sector, Guilfoyle maintains a disciplined approach to risk management, emphasizing that Nvidia's long-term potential remains strong amid fluctuating market conditions. Analysts continue to adjust their outlooks, but many see Nvidia's ongoing demand for AI products as a positive sign.

Source: YAHOO

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