The Next Move in $NVDA stock will be.....

Collette Kress, the CFO of Nvidia, did a fireside chat with Harlan Sur from JP Morgan. If you recall when Nvidia reported their October quarter and guided another bump higher for January up another $2 billion sequentially, the questions remained: 1) How long is the strength going to last? 2) Are their pull-ins which will result in an air pocket or flattening of revenues soon? and 3) Can you grow beyond 2024? The architect of accelerated computing, Jensen Huang was asked on the conference call about growth beyond 2024 and he answered succinctly, “YES” there will be growth in 2025! The analysts wanted to scream back, “wait, I mean calendar 2025, not fiscal 2025 which starts in April 2024.” The question did not get answered, until today!

Collette was very clear at the fireside chat…….