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Teaser: NVIDIA to Release Q3 Financial Results This Week, Triggering a Global AI-Related Asset Chain Reaction
BlockBeats News, on November 18, after the market close in the Eastern Time Zone (early Thursday in Beijing Time), NVIDIA is about to release its third-quarter financial report. The market sees this as a barometer of the AI industry's development, which may trigger a chain reaction in global AI-related assets. At a time when concerns about the AI bubble in the US stock market are growing stronger, whether the third-quarter financial performance can dispel market concerns and boost confidence has become the focus.
According to market data, NVIDIA's market value is currently reported at $453 billion, with a stock price of $188.6, down over 11% from its high of $212.19. In October, its total market value exceeded $500 billion, making it the first company in the world to reach this milestone.
It is worth noting that several institutions have recently reduced their holdings of NVIDIA, with SoftBank liquidating $5.8 billion and Bridgewater reducing its holdings by 65.3%.
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