Nvidia Stock Will Fall Because Expectations Are 'Unreasonable' Says Analyst

Описание к видео Nvidia Stock Will Fall Because Expectations Are 'Unreasonable' Says Analyst

Nvidia has made about 25% of its sales from Microsoft and Meta over the past two quarters, but orders from the two tech giants are likely to slow down, according to D.A. Davidson analyst Gil Luria. Due to this pull-back in spending, it will be difficult for Nvidia to meet Wall Street's expectations beyond 2024, which could cause the stock to drop significantly, says Luria. Luria also breaks down his bull case for bitcoin.

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