Bloomberg reports NVIDIA is notifying customers of AI-related price hikes above 15% just days before earnings. These price hikes demonstrate immense pricing power and sustained demand, which could translate to a massive earnings beat and strong forward guidance. Go long on NVDA ahead of Wednesday's earnings to capture the expected massive green rally. The price hike news may already be priced in, or broader market weakness/guidance misses could trigger a sell-the-news event.
Bloomberg reports NVIDIA is notifying customers of AI-related price hikes above 15% just days before earnings. These price hikes demonstrate immense pricing power and sustained demand, which could translate to a massive earnings beat and strong forward guidance. Go long on NVDA ahead of Wednesday's earnings to capture the expected massive green rally. The price hike news may already be priced in, or broader market weakness/guidance misses could trigger a sell-the-news event.