Don’t Be Fooled by Nvidia’s Earnings – Why It’s Still a “Sell”
Nvidia reported strong earnings and revenue, beating expectations. Despite this, the author advises selling Nvidia stock, citing concerns over high investments in AI, falling margins, and increasing competition from other tech giants developing their own AI chips. Notable investors like Peter Thiel and Michael Burry have also sold or shorted Nvidia. The author suggests that Nvidia's profit growth may be stifled and recommends keeping it out of portfolios.
InvestorPlace·