CNBC Today On NVIDIA, Jensen Huang, NVIDIA Stock - NVDA Update

CNBC Today On NVIDIA, Jensen Huang, NVIDIA Stock - NVDA Update

Hosts of CNBC and multiple guests discuss NVIDIA, NVIDIA CEO Jensen Huang, and NVIDIA stock (NVDA stock). This comes as the entire market is waiting for the Fed's interest rate decision on Wednesday. The Fed is expected to cut interest rates by either 25 or 50 basis points. NVIDIA's price action in the short-term will be largely dependent on the Fed and the rest of the market. Over the medium-term, it is reasonable to be somewhat cautious regarding NVIDIA between now and late-October/early-November due to (1) the cycle NVIDIA stock typically goes through in between earnings reports, and (2) market participants' growing concerns as we get closer to November. Over the long-term, I am bullish on the future of NVIDIA. I would not be surprised if NVIDIA doubles over the next two years given the company's current growth trajectory and upcoming product cycles. Let's talk about NVIDIA, talk about the stock market as a whole, talk about NVIDIA stock, and give an NVDA update.

Timestamps
0:00 Dan Ives
2:05 Josh Brown
2:49 Bill Baruch
3:35 Cramer
4:40 Salesforce CEO
6:42 FinVid

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[jessiekabina]

I like this stock. I also like AEHR test systems. AEHR has 0 debt and is an idustry leader in optical chip burn in testing which is what data center gpus use. The 50% profit margin is also nice. i own it at 12.25. intel is thier largest customer 

[Corey_is_human]

Perfect balance sheet. 3-6 months expecting a break of the all-time high for the stock and a potential push for upwards of 25-40% gains. In my opinion.
Not financial advice.