HomeMarketsInternational MarketsNvidia (NVDA): Slightly Bullish With Crypto, Gaming, & China Headwinds?
Nvidia (NVDA): Slightly Bullish With Crypto, Gaming, & China Headwinds?

Nvidia (NVDA) stock price is under pressure today due to commentary from Micron (MU). Nvidia’s valuation is a lot higher than some of its semiconductor peers. “Investors could see a big move in the NVDA stock post earnings. The crypto space is hurting Nvidia currently and the gaming sector is down slightly versus two years ago. Nvidia (NVDA) consumer purchase intent social media mentions are up quarter-over-quarter. China banning certain types of chips is another headwind for the company,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on Warren Buffett taking a stake in a chipmaker stock, Taiwan Semiconductor (TSM).

Fast Market

16 Nov 2022

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