Biggest Nvidia bull on Wall Street warns shares are 'modestly at risk'
Investing.com -- Nvidia, the darling of the semiconductor sector and a key player in the tech rally, faces mounting challenges ahead of its highly anticipated earnings report, according toKlein pointed to a combination of sector-wide weakness and specific concerns about Nvidia's latest Blackwell systems, which have reportedly encountered overheating issues.
He expressed doubts that early gains in tech stocks could hold, citing broader market dynamics:"There is just so much quant, passive and fast momentum money swirling around in markets these days and I assume that style sells first, asks questions later." Klein emphasized the heightened stakes for Nvidia's upcoming earnings, given the company's status as the most-followed stock in the market.
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