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Aug 28 at 12:24 PM
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.
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