I wouldn't chase NVDA at $228 just because the earnings were fantastic.
But I also wouldn't sell a good NVDA position simply because it has risen sharply.
The earnings changed the fundamental picture. Nvidia is no longer merely saying "AI demand is strong." It's effectively saying AI demand is strong enough that we expect another ~70% year of growth after an already enormous revenue base. That's a very powerful signal.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.