Analysts: Nvidia fell because investors are more concerned about the details than the big picture

robot
Abstract generation in progress

On November 21st, Jin10 Data reported that AJ Bell analyst Dan Coatsworth wrote in a market commentary that Nvidia's stock, a manufacturer of artificial intelligence chips, fell after Wednesday's closing and before Thursday's opening, indicating that the company's investors are now following the details rather than the overall situation. Coatsworth said, "As more people delve into a company, the more they want more detailed details, which is a natural evolution." He said that investors are troubled by Nvidia's quarter-over-quarter decline in gross margin, the guidance that its gross margin will further decline this quarter, and weaker-than-expected revenue forecasts.

View Original
  • Reward
  • Comment
  • Share
Comment
No comments