Nvidia (NVDA) has been seeing tremendous upside recently as it is up 180% year-to-date. Alex Coffey and Renita Young discuss NVDA as it announced new products recently. It announced Spectrum X which is designed to improve performance and efficiency of A.I. cloud systems and DGX GH200 which is a large-memory A.I. supercomputer. They talk about how NVDA could hit a point where it goes too far too fast. Alex then demonstrates an example trade using NVDA. The trade type is a sell put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.
Next Gen Investing
30 May 2023
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