Semi analysts get your Nvidia downgrades in now.. You want to be the ones left behind? Be my guest you sunshine patriots, you summer soldiers... here's your hat, what's your hurry? Don't let the door hit you on the way out..
BAIRD cuts $NVDA to Neutral.
“.. Two outcomes are likely ..: A new ban on H200 exports to China. .. Exports control limitations notably addressing the Southeast Asia data center loopholes, along with DOJ potential action against Megaspeed ..”
$200 target, (prior $500)
Frightened sellers of NVDA come back not even recognizing that Coreweave is talking about a terrific product. The sellers think that there is no one there except Jensen. What an insult to the 42,00 people, including hard core engineers who work there.
This morning we have $CRWV on this morning at @SquawkStreet . I think it will be very telling and very positive because of demand and because it will dispel many of the negatives about the data center
Last night @MadMoneyOnCNBC I gave $NVDA a path that will get them out of purgatory; it's a multi-step plan. No magic bullet. I think they are taking it.