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Forecast came true

Nvidia (NVDA) Is the Micron (MU) of Technology Stocks
11 august

Nvidia reported a massive $1.9B in GPU sales, up 59% Y/Y.

This makes AMD look expensive and slow.

Nvidia will bounce back following the drop:


 MU:

Agree or disagree?

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Answered:
16 people

Nvidia (NVDA) Is the Micron (MU) of Technology Stocks

Agreed
11 people
Disagreed
5 people

Forecast came true

This forecast closed early in error.
  • 1 1 correctly predicted forecast
    Johnny
    Wow you said it would go up after earnings.Ooops
    Reply
    2
  • 114 114 correctly predicted forecasts
    Chris Lau
    Johnny, the forecast streak was good while it lasted.
    Reply
    0
  • vroglesby
    all of the tech stocks that had good earnings / guidance was it hard because the had very active upside prior to the earnings day
    Reply
    2
  • Vikram Solanki
    Mr Chirs, you have been wrong since last 1 month. You supported Mu at 32.. claim for 35.. and then when it went down to 30.. you again said MU.. and its been dropping.and now back to what it was after Q1 If i go by your logic of NVDA acting like MU. then NVDA should go back to $108 what it was after Q1.
    Reply
    3
  • 152 152 correctly predicted forecasts
    Max Grigoryev
    vikram, MU is still poised to grow tho
    Reply
    2
  • Vikram Solanki
    Dont jinx NVDA please.
    Reply
    -1
  • 114 114 correctly predicted forecasts
    Chris Lau
    vikram, it's growth dynamics are better than that of micron.
    Reply
    0
  • 1 1 correctly predicted forecast
    Johnny
    To be fair Chris does know his shit but you can tell these predictions are shooting from the hip with no skin in the game.However on this one i agree NVDA will bounce back especially since softbank has stated they will be buyong all year.I think AMD will do well too.
    Reply
    3
  • 4 4 correctly predicted forecasts
    Khaldoon
    You said it "makes AMD look expensive and slow". AMD GPU sales performance will only be known through Q3 ER (partially) and Q4 ER (fully). Wasn't a fair comparison IMO.
    Reply
    1
  • 2 2 correctly predicted forecasts
    Sammy
    P/E is over inflated. Take your money and run!
    Reply
    1
  • 114 114 correctly predicted forecasts
    Chris Lau
    Sammy, for NVDA or AMD?
    Reply
    0
  • 2 2 correctly predicted forecasts
    Sammy
    Nvda a lot AMD a little
    Reply
    1
  • jon kirk
    Cost parity to KW of energy in a gallon of gasoline is definitely a huge issue but actually refill / recharge times is the constraint EV probably can never overcome

    This limits EV use case to those who will plan their travel and day around EV recharge and range. This is not a large part of population no matter what the anyone says

    This common sense makes hybrids and efficient IC's way more attractive to all bout that .01 percent of the population who favors Green vanity over utility
    Reply
    1
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