Trader bets over $20 million Nvidia stock will rise 30% by next earnings report

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Trader bets over $20 million Nvidia stock will rise 30% by next earnings report

After reporting blow-out after blow-out quarterly results amid the ongoing AI boom, one trader is betting $21 million that NVIDIA Corporation will be supply constrained through CY25. However, the supply chain continues to improve sequentially. We believe NVIDIA is walking a fine line between supply and demand, which should mitigate investor concerns of an “AI-GPU airpocket” near-term," the analysts commented.

Further, it was highlighted that the company is guiding to a return to gross margin in the mid-70% range beyond the first quarter of 2025.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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Trader bets over $20 million Nvidia stock will rise 30% by next earnings reportTrader bets over $20 million Nvidia stock will rise 30% by next earnings report
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