Reported 5 months ago
D.A. Davidson Managing Director Gil Luria joined the show to discuss why he believes Nvidia is not a stock to buy despite surpassing revenue and profitability expectations in its first-quarter earnings report. Luria noted the high demand for Nvidia's products due to an "arms race" among tech companies for generative AI capacity but cautioned that emerging competitive threats could lead to a revenue decline in the future, making Nvidia not a stock to buy at the moment.
Source: YAHOO