Nvidia CFO Said China Demand Was In The Historical Range Of Data Center Demand At 20% To 25% - Conf Call
Portfolio Pulse from Charles Gross
During a conference call, Nvidia's CFO stated that the demand from China was within the historical range of data center demand, which is typically between 20% to 25%.
August 23, 2023 | 9:09 pm
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NEUTRAL IMPACT
Nvidia's CFO's statement about China's demand being within the historical range for data center demand could indicate stable market conditions in China, which could impact the FXI ETF.
The CFO's statement indicates stable market conditions in China, which could have a neutral impact on the FXI ETF, as it tracks the performance of the largest companies in China's equity market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Nvidia's CFO's statement about China's demand being within the historical range for data center demand could indicate stable market conditions for the company.
The CFO's statement indicates that Nvidia's market in China is stable, which could reassure investors and potentially have a neutral impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100