The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside. The stock hit a record high of Rs 436 on 7 September 2023.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy