Dan Ives: NVDA Underperformance Just a Speed Bump, Chip Demand Hits 15-to-1 Ratio

NVDA4.06%
SKHY-0.98%
SKHYV-0.98%
According to a CNBC interview reported by StockTwits, tech strategist Dan Ives on Monday downplayed Nvidia Corp.'s recent underperformance, calling it merely a speed bump driven by market rotation toward memory stocks. Ives highlighted a significant disconnect between the AI trade narrative and the companies actually fueling the AI revolution, noting that Nvidia and hyperscalers have been placed "in the penalty box to some extent." He stressed that chip demand far outstrips supply, estimating the demand-to-supply ratio at 15-to-1, and emphasized that "there's one chip in the world fueling the AI revolution" from Nvidia's leadership. Ives also noted that SK Hynix's recent U.S. listing after raising $26.5 billion signals a broader trend of international tech companies tapping American markets.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments