News for hackers. Stuff that matters.
Re:SoftBank Takes $4B Stake in Nvidia by indescions_2017 on Wednesday May 24, 2017 @06:23PM (#14413929)
Besides the technical case for a pullback, with $NVDA's price currently trading near 40% above a 200 day moving average, hedge funds are piling on:

https://seekingalpha.com/article/4045214-nvidia-short-opport...

Personally, I love $NVDA. Great products, superlative engineering and management. I believe Masayoshi-san's thinking a long time horizon for this investment. Cloud GPUs are eating software. $NVDA's 100 Tflop Volta GPU could be a monster seller. This is a bet on a new revolution.

There are no comments on this comment yet.