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Nvidia Stock Reacts to ASML Earnings Leak and Tepid Outlook

Nvidia stock experienced a decline after earnings results from ASML were leaked early, revealing a disappointing forecast for ASML's 2025 total net sales. This news, along with ASML's warning about growing caution among chip customers and the mulling of US chip export caps, caused chip stocks, including Nvidia, to fall. The decline in Nvidia stock partially reversed its recent rally and came down from a record high. The market also reacted to quarterly results from other high-profile companies, and Treasury yields slid as traders sought the safety of bonds.

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    • Nvidia Stock Rises After ASML Earnings Sparked AI Market Panic -- Barrons.com

      2024-10-16
    • Nvidia, Chip Stocks Fall After ASML's Tepid Outlook -- WSJ

      2024-10-16
    • Nvidia Stock Falls After ASML Earnings Leak Early. Why the Drop Is an Overreaction. -- Barrons.com

      2024-10-16
    • Tiger VTiger V
      ·2024-10-16

      NVIDIA's Resurgence: How to Invest and Benefit from the "Insane" Demand for Blackwell Chips

      Market Overview The global market has been in flux with recent volatility, but amidst the uncertainty, NVIDIA Corporation $NVIDIA Corp(NVDA)$  as continued to demonstrate resilience. The company, already a major player in the AI and tech space, has seen a renewed surge in investor interest due to its next-generation Blackwell super chip. Despite some recent market setbacks tied to broader economic conditions, NVIDIA has managed to claw its way back, driven by “insane” demand, as noted by its CEO, Jensen Huang. The stock's recovery has highlighted the company’s strong positioning and future potential. Technology Sector: NVIDIA and the Super Chip Craze NVIDIA has faced short-term volatility in response to the broa
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      NVIDIA's Resurgence: How to Invest and Benefit from the "Insane" Demand for Blackwell Chips
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    Company: TTMF Limited. Tech supported by Xiangshang Yixin. Email: uservice@ttm.financial