Nvidia stock sell-off: Time to back up the truck?
Continued Ives, “We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs. These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand.”
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Nvidia's 6% loss Tuesday was especially painful for the company given it followed a splashy CES event with big announcements.
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