💨 Abstract

Nvidia's positive Q1 forecast indicates the AI market's continued growth, but the "Magnificent Seven" tech stocks remain in a slump, with Nvidia losing 3%. CEO Jensen Huang reported strong demand for the latest Blackwell chip, generating $11 billion in revenue in Q4. Despite a margin dip due to increased production, analysts expect a 33% price increase, with a valuation still considered reasonable.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖