Nvidia stock sell-off: Time to back up the truck?
"We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs," Ives continued. "These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand."
Nvidia is currently worth $3.4 trillion, but Amazon and Alphabet could surpass its market value before year-end in 2025.
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