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Chip stocks: Why Nvidia is only getting bigger

DeFi Daily News by DeFi Daily News
November 19, 2024
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On today’s installment of Good Buy or Goodbye, Yahoo Finance host Julie Hyman welcomes Hennion & Walsh chief investment officer Kevin Mahn to discuss the semiconductor sector and Nvidia’s (NVDA) upcoming third quarter earnings report. Mahn explains that Nvidia is only getting bigger and that the company is aiming to become the “hub of the AI ecosystem,” moving beyond chips and data centers and into software, as well. While Mahn remains bullish on Nvidia, he cautions investing in chip company Wolfspeed (WOLF), after the stock has plummeted due to declining revenues and increasing debt. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
#youtube #news #stocks

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

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Tags: BiggerBondsbusinessChipCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNvidiaNYSEPersonal FinancePoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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