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Nvidia's Strong Forecast Calms AI Bubble Jitters
Nvidia’s upbeat revenue forecast and $500 billion in chip bookings ease AI valuation concerns, sparking a 0.6% rise in Asia-Pacific shares, MSCI data shows.
Summary by Channel News Asia
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4 Articles
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South China Morning Post
South China Morning PostNvidia's strong forecast calms AI bubble jitters
The world's most valuable company said it expected fiscal fourth-quarter sales of US$65 billion, plus or minus 2 per cent, compared with analysts' average estimate of US$61.66 billion, according to data compiled by LSEG.
·Singapore
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While expectations of a rate cut in America have completely cooled, fears about the AI bubble are spreading, and the market is waiting with bated breath for Nvidia's quick report, a much less spectacular but more important process has begun in the background. And this process could completely reshape our investments. That's why we've now brought 3 stocks that are worth taking refuge in amid the current fears. We show you the best buys!
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Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
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100% Center
C 100%
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