Pretty misleading to have said that guidance misses. It is apparent that NVIDIA is on green on all aspects of their earnings. The company has a strong balance sheet with a more than healthy cash flow.
In my personal opinion, it seems like fund houses and some analyst are setting a high bar/unrealistic targets for Nvidia and expecting the performance tobe doubling QoQ. We know that growth is never seen that way based on the scale of economy. For a fact that the company had met/exceeded the consensus for almost the longest time shows the growth potential of the company and its commitment to dobetter.
With that, fundamentals are right and company stillgrowing at a steady rate/momentum. I'm bullish on NVIDIA for the long term! Grab it while it's cheap!
Comments