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The Right Coast
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Nvidia Can t Escape Shadow of AI Spending Fears – WSJ

By Thomas A. Smith

Nvidia NVDA 1.51%increase; green up pointing triangle has made life at the top look easy. But staying there is going to be anything but. 

The chip maker, which has gone from a niche videogame component supplier to a $3 trillion enterprise in just a few years, put up another round of strong results Wednesday. Its now-dominant data center segment increased revenue to $26.3 billion more than 2½ times what that business generated a year earlier. Adjusted operating income for the quarter more than doubled year over year to $19.9 billion. Nvidia s overall top and bottom lines beat Wall Street s targets, as did the company s forecast for the current period ending in October. 

via www.wsj.com

Nah. I say buy and hold, buy and hold!