Nervous about Nvidia? Here are some other stocks to consider

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Nvidia News

Patrick Moorhead,US Department Of Justice

Nvidia (NVDA) lost over $278 billion in its market cap from the latest sell-off on Wall Street as the company gets hit with concerns from the US Department...

) lost over $278 billion in its market cap from the latest sell-off on Wall Street as the company gets hit with concerns from the US Department of Justice and more.

It might be an unfair analogy, Patrick, but I mean, this gives me the, the vibes of what Microsoft went through in the late nineties, early two thousands, especially as there was so much rapid innovation within software.And Microsoft was trying to make sure that it could stave off comp petition and, and grow out its business.Thereafter, we saw the legal proceedings that played out how much of what happened.

And what's interesting is you always have complaints and I, I think the complaints that I we will see later who came forward is more than just direct competition.But frankly, nobody uh is comfortable out there with NVIDIA having 90% market share out there. Uh The, you know, the, the counter to a GP U is what's called an Asic and those are primarily uh built uh by Broadcom and they supply Amazon Microsoft Meta uh Google across that.I would say Intel will likely be a factor with their uh GP U based designs.Thanks for joining us ahead of the opening bell as we're all tracking NVD A this morning, it's Patrick Moorhead, founder CEO and chief analyst over at more insights and strategy.

 

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