NVIDIA, the CHIPS Act & the Pelosi Angle

TipRanks2022-07-21

Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock....

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MSTAN
    2022-07-21
    MSTAN
    👌👌
  • fcbergkamp
    2022-07-21
    fcbergkamp
    Ok
  • Remotecam
    2022-07-21
    Remotecam
    Not sure when this article was written, but NVIDIA almost hit 180 yesterday.  Settle down to 178 at closing. The Pelosi angle is a curious one.  Nvidia does not gain directly from the Chips Act.  No tax breaks, no free money and no cheaper chips, etc. coming their way via this Act. Maybe it's the only semiconductor stock that the Pelosi's can buy, without being linked directly to voting for the Act. Regardless, grateful NVIDIA is finally on the upward move again. 
  • DarkFate
    2022-07-21
    DarkFate
    Like 
  • Jstan
    2022-07-21
    Jstan
    Lije
  • OngCK
    2022-07-21
    OngCK
    Like and comment pls
Leave a comment