As Nvidia (NVDA) is set to report earnings on Wednesday after the closing bell, Veteran industry Strategist and Founder of RandyFrederickMedia.com Randy Frederick joins The Morning Brief to break down how the chip enterprise’s performance could impact the industry.
“AI is going to change things as much as the Internet did when it came about 30, 40 years ago,” Frederick says, highlighting the importance of Nvidia’s chips in the field.
He explains that Nvidia is in a strong position, and if the enterprise misses expectations, “a weak quarter is not going to make AI go away, and it’s not the end of the world.” He adds that the enterprise still has a lot of upside, and a potential dip in the stock could be a buying opportunity.
#shares #AI #youtube
About Yahoo money management:
Yahoo money management provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive industry data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at money management.yahoo.com
– Download the Yahoo money management app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo money management on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/enterprise/yahoo-money management
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reasons.