NVIDIA Fallout, Chip Volatility and the Case for 60/40
- Panel split on Nvidia after Huang's resignation: bulls cite a forward multiple near 10 and 300 billion in free cash flow
- Kevin Simpson sold half his Nvidia at a 20% loss on price-action rules, buying at $200 and exiting in the $160s
- Nvidia board reportedly approached Arm CEO Rene Haas as successor; Arista flagged as clearest chip beneficiary
- Retail earnings week ahead for Home Depot, Walmart, Costco, TJX and AutoZone, with weak consumer sentiment a drag
The committee can't agree on what a leaderless Nvidia is worth: one member mechanically dumped half his stake at a 20% loss while another is putting new client money in at these levels. With earnings next week, the next report settles the argument.