Nancy Pelosi is a US Congresswoman who has served as the Speaker of the House of Representatives from 2007 to 2011 and from 2019 to 2023. In 2023, Pelosi and her family's investment portfolio showed significant performance gains. According to statistics from Unusual Whales, the Pelosi portfolio returned 65% in 2023, substantially outperforming the S&P 500 index during the same period. This has made her one of the most closely watched investors in the capital markets.
Is the drop in NVIDIA's stock price due to rumors of order cuts? Ming-Chi Kuo firmly supports: it is a market misreading.
① NVIDIA's stock price dropped due to market concerns about the reduction of its CoWoS orders, falling by as much as 8.69% on Monday; ② Reports indicate that NVIDIA's CoWoS wafer orders at Taiwan Semiconductor have decreased from over 400,000 pieces to 0.38 million pieces, but Analyst Ming-Chi Kuo believes this is a misinterpretation by the market; ③ NVIDIA's CEO Jensen Huang also stated that the decrease in production is a result of transitioning to new production lines.
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