After Jensen Huang’s exit, what top financial advisors are doing with Nvidia: Exclusive CNBC poll

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Nvidia shares continued to slide Friday after falling 4% on Thursday following the resignation of co-founder and chief executive Jensen Huang amid reports about his personal relationships and national security concerns. In a CNBC poll of 30 out of 122 advisers and firms contacted, 19 said they were keeping their Nvidia positions unchanged, four were increasing their stakes and seven did not own the stock. None reported selling, while several advisers said they were taking a wait-and-see approach before changing their investment strategies. The outlook for artificial intelligence demand, Nvidia’s valuation and its leadership or governance were the main factors that could alter their positions. The company’s fiscal third-quarter results, scheduled for Tuesday after the market close, are expected to help determine their next moves.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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