NVIDIA’s rebound got support from South Korean chip stocks and CoreWeave’s results, but concerns about Jensen Huang’s job pull the other way. The story reports no change in NVIDIA’s own results, so it does not clearly change its business outlook.
CoreWeave’s results point to continued demand for AI computing, which may help NVIDIA. But they are not NVIDIA sales figures. An analyst put the chance of Huang losing his job at 15% to 20% and warned shares could fall another 20% to 30% if he leaves. He has not left, so this is a concern, not a confirmed change.
CoreWeave reported strong quarterly results and raised its full-year sales forecast. The article links this to continued demand for AI computing, supporting the company’s outlook.
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