Goldman's Top Tech Trader Breaks Down Nvidia's Earnings

After a whirlwind of megatech earnings reports after the close, led of course by the world's 2nd largest company, Nvidia, here is a quick rundown of the action, courtesy of Goldman's top tech trader Peter Callahan and several other sources.

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NVDA -7% (was largely bouncing around ~flat to down ~7% AHs – names like AMD, AVGO, MU, TSM, DELL down ~2% on light volume in AHs); beat and guides above on topline + announces new $50bn buyback.

Authored by Tyler Durden via ZeroHedge August 28th 2024