Nvidia's Jensen Huang refutes memory oversupply concerns
NVDA NVIDIA Corp
$210.96 -0.59%
View chart & analysis → - 1Nvidia CEO Jensen Huang said he does not expect a memory oversupply through 2029.
- 2Micron recently recorded a gross margin of 86.8%.
- 3Micron and industry peer stock prices have fallen by approximately one-third from their July peaks.
So what's the key point?
Nvidia's Jensen Huang said there will not be too much memory supply. This is important news for investors since Micron's stock price has fallen significantly.
Source The Motley Fool +1 · View original ↗
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