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Nvidia's stock hit a new high on the first trading day post-Q3 earnings!
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$NVIDIA (NVDA.US)$ Expecting this quarter to be like the pre...

$NVIDIA (NVDA.US)$ Expecting this quarter to be like the previous quarters - beat revenue and EPS.
NVDA guided to 32.5B revenue and 0.67 - 0.68 EPS.
Wall St is expecting 33B revenue and 0.75 EPS.
I'm guessing they need to hit 34B revenue and 0.8 EPS and above 37B revenue guidance to go up.
Strategy is to hold shares because if it drops after ER, it should continue up until next ER.
The only thing that can stop NVDA is for the other trillion-dollar cashed up companies deciding to reduce spending on NVDA chips. They have so much money that the only reason they would reduce spending is if they didn't see worthwhile ROI. They can afford to spend more and more.
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