Nvidia is fantasticat the moment, but the world economic outlook looks poor. Interest rates and inflation will climb. Contracting economies will. focus on energy and food. That trillion dollars worth of chip orders will dimish in priority also allowing time for competitors to bring other chips to the table .
Nvidia Back to $200! New High Coming?
Nvidia is back to $200 again. TSM's Q1 earnings confirmed robust AI compute demand, while broader market record highs provided macro tailwinds for NVDA.
Will you take profits at $200 or bullish on new highs coming?
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