What do you mean Jensen Huang has been gone for just one day and the U.S. Congress is already panicking?!
Democratic lawmakers have set their sights directly on Nvidia, wanting to assess whether it’s too big to fail and whether it could bring down the credit system.
Behind this is a total of 400 billion in backstop commitments for computing power. Jensen Huang made the call at the time, and now Kress is left holding the bag.
Nvidia itself is unlikely to collapse; the risk is a chain reaction through the downstream credit system.
Its stock has fallen for six straight weeks, the longest correction since 2012.
Three key things to watch next: the hearing, the Commerce Secretary’s testimony, and the earnings report on November 18.
This earnings report is the first major test without Jensen Huang.
To hear the earnings analysis first and keep up with the AI sector, join the official group below: 聊天室.
#黄仁勋辞任CEO，英伟达战略走向受关注 #加密美股齐跌，下轮反弹的驱动力在哪？
Democratic lawmakers have set their sights directly on Nvidia, wanting to assess whether it’s too big to fail and whether it could bring down the credit system.
Behind this is a total of 400 billion in backstop commitments for computing power. Jensen Huang made the call at the time, and now Kress is left holding the bag.
Nvidia itself is unlikely to collapse; the risk is a chain reaction through the downstream credit system.
Its stock has fallen for six straight weeks, the longest correction since 2012.
Three key things to watch next: the hearing, the Commerce Secretary’s testimony, and the earnings report on November 18.
This earnings report is the first major test without Jensen Huang.
To hear the earnings analysis first and keep up with the AI sector, join the official group below: 聊天室.
#黄仁勋辞任CEO，英伟达战略走向受关注 #加密美股齐跌，下轮反弹的驱动力在哪？
