THE BOTTOM LINE UP FRONT
Unless one is truly living off the grid, one saw the reports this week showcasing NVIDIA’s great earnings report and its projections on where its business is going in the near future. The earnings report came out late on Wednesday and when the U.S. stock market opened on Thursday, NVIDIA come out of the blocks like Usain Bolt running the 100M and finished clearly winning the gold for investors.
As one listened to the investment chatter about NVIDIA after their earnings report, one may think there are nothing but tailwinds for this amazing company, especially since it is critical to AI developments across several sectors. However, if one were to dive into its form 10-K for their fiscal year ended January 28, 2024, one would have noted some potential headwinds referenced that one should seriously consider. Such potential headwinds not only impact NVIDIA and its shareholders, but they could also impact the AI industry at large and control of critical technologies.
