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Steve Eisman Says the Nvidia Story Is Going to Last for Years [Yahoo! Finance]
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Last microsoft corporation earnings: 4/29 04:06 pm
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Most Read from Bloomberg Nvidia Rout Takes Breather as Traders Scour Charts for Support BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones' Jain Global Raises $5.3 Billion, Secures Cash From Abu Dhabi How Long Can High Rates Last? Bond Markets Say Maybe Forever Wikileaks' Julian Assange to Plead Guilty, Ending Yearslong US Battle The senior portfolio manager, best known for his short bet against subprime mortgages ahead of the global financial crisis, owns “a lot” of the chipmaker's shares and considers it a long-term play that's going to be relevant for years to come, he said Tuesday in an an interview on Bloomberg Television. The stock gained as much as 4.1% on Tuesday, after a three-day slide that pushed shares down more than 10% for the first time since April, past the threshold that represents a correction. “If you look at the chart on Nvidia, you can barely see the correction,” Eisman said. “I don't think it means anything.” The AI poster-child has
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