NVDA NVIDIA $215.38

NVDA stock has earnings this week but they just made a massive announcement that is very bullish probably for the broad market but two stocks in particular. This is the news specifically for Neo-clouds data center type plays. They're raising prices by 15%. This is not going to be good for Neo-clouds. But it is very strong for memory names because the price hike is all due to memory names because of demand staying sky high. It's also worth mentioning that Nvidia was exploring ways to use less memory in their chips so it's looking like that's not working. But Micron is going to be the big winner in my opinion. This name should be back over a thousand. It's slow and steady but it's holding the whole market up in my personal opinion. Memory is balancing back. Korea is really balancing back. But this is going to be one of the biggest things right now. Now I don't want to say Sandisk is more volatile but it's still really solid. And in the short term it could be a little wild. This has 40 to 50 dollar swings daily. So make sure you're paying attention there but this could get back above 2000. You need to understand that they made around 8 billion dollars this quarter but they have over 90 billion dollars in backlog orders that haven't even been paid yet. This is very bullish overall for memory and very good for semiconductors, AI and the entire story. This stock is going to shake up the entire stock market this week 👀📈 #stocks #investing #stockmarket #fyp