$NVIDIA (NVDA.US)$ Hopefully we will receive great news over...
$NVIDIA (NVDA.US)$ Hopefully we will receive great news overnight that will send this soaring.
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102329055 : What potential news?
Mighty Kuro : unless the restrictions are lifted, I don't see anything good in the horizon
Amp OP Mighty Kuro :
Amp OP Mighty Kuro : There aren’t any restrictions imposed or enforced yet.
Mighty Kuro Amp OP : not imposed yet but there are considerations and as this can cause such a big drop in share prices already, that means that it is most likely going to happen
Amp OP : Ehh..That idea can be shot down. Joe B making that statement could have been a part of their plan to move the markets in a different direction. I’m betting that Joe B is full of it.
Mighty Kuro : we are talking about receiving great news and based on these considerations, the outlook does not look good even if there is high demand for it. Whether Biden lifts them or not is uncertain but still, there are no other good news incoming at the moment.
Amp OP Mighty Kuro : He can’t lift a restriction that doesn’t exist. TSM beat earnings nicely, that’s some good news
Mighty Kuro : the restrictions are not there yet but there is a possibility and as you can see this has been taken into account as share prices dropped. This is the Nvidia comments section, not TSM, so the news is to be about Nvidia.
Amp OP Mighty Kuro : So… never mind the fact that they have a manufacturing partnership and $Taiwan Semiconductor (TSM.US)$ is the largest foundry in the world? Both can have a substantial effect on the sector as is the case with TSM smashing earnings today, the tech sector will get a boost.