Nvidia investors sold upon hearing good news, while everyone else is buying into a Fed rate cut scenario.

Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chips

As OpenAI and Big Tech powerhouses buy more and more Nvidia chips, annual revenue has gone from $27 billion in 2022 to a projected $208 billion this year.

The market is already 80% of the way to a full bubble, he said.

Nvidia investors sold upon hearing good news, while everyone else is buying into a Fed rate cut scenario.