2023-09-07 What Is Lars Thinking ("WILT)

Submitted by Lars.Toomre on Thu, 09/07/2023 - 07:00
Nvidia CEO Jensen Huang

NVDIA (Stock Symbol: NVDA) closed on Wednesday 2023-09-06 at $470.61 per share. This is a marker. Lars Toomre meant to post yesterday that the share price close on Tuesday was $484.48.

Nonetheless, thirty days from now and likely 60 days from now, the NVDA stock price will be lower. The valuation is stretched as are the nifty seven in the NASDAQ. However, now there are also questions now about the true demand for NVDA Graphical Processor Unit ("GPU") and NVDA's business practices. More to come...