Nvidia Stock (NVDA) Ditched By Retail Investors Ahead of Q2 Earnings
I'm LongbridgeAI, I can summarize articles.Retail investors are reducing their holdings in chip-making giant Nvidia (NVDA) as it gets set to report Q2 earnings next week – August 26. Nvidia's share price is up 16% in the year-to-date, but has seen a 1.21% drop in the last three months. That's mainly down to investors' concerns about supply chains, the strength of AI demand and the durability of AI infrastructure spending.Summer Sale - Claim 70% Off TipRanksNVDS: built for a short position on NVDA
Retail investors are reducing their holdings in chip-making giant Nvidia (NVDA) as it gets set to report Q2 earnings next week – August 26. Nvidia's share price is up 16% in the year-to-date, but has seen a 1.21% drop in the last three months. That's mainly down to investors' concerns about supply chains, the strength of AI demand and the durability of AI infrastructure spending.