Sometimes, markets don’t make much sense. Case in point: Nvidia (NVDA).
The AI poster child just delivered another quarter of record-shattering growth, offered guidance for even more strength ahead, and reminded us all that the AI boom is the biggest capex wave in history. Yet, the stock slid nearly 3% immediately following that update.
If that sounds backwards, that’s because it is. And it’s also why this week’s earnings report should be read not as a red flag, but as a green light for the next leg higher in AI stocks.
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