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Neil Sethi @neilksethi on x 12.4K followers
Created: 2024-11-18 15:58:00 UTC
With the reports from Nvidia's biggest customers, Microsoft, Alphabet, Amazon & Meta showing a combined $59bn into data center gear and other fixed assets in the third quarter, a quarterly record according to BBG, it bodes well for $NVDA's report Wed.
“If you’re owning Nvidia, the big buyers out there need to keep buying and every quarter they need to buy more,” said Mike Bailey, director of research at Fulton Breakefield Broenniman. “You can check that box.”
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Related Topics $nvdas $59bn meta microsoft stocks technology $nvda