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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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From: Sam	11/16/2018 8:36:15 AM
	2 Recommendations Read Replies (1) of 95561

Nvidia stock removed from Goldman Sachs Conviction List on increased near-term uncertainty By Ciara Linnane Published: Nov 16, 2018 8:30 a.m. ET Goldman Sachs removed Nvidia Corp. stock NVDA, -18.22% from its Conviction List on Friday, citing increased near-term uncertainty after Thursday's quarterly earnings. The stock has fallen 15.5% since it was added to the list, while the S&P 500 SPX, +1.06% has fallen just 1.4% analysts wrote in a note. "We were clearly wrong on the stock as we underestimated the magnitude of the channel inventory build in mid-range Gaming GPUs (typically ~1/3 of Gaming GPU revenue) and, to a lesser extent, the correction in game console SoCs," analysts led by Toshiya Hari wrote in a note. continues at marketwatch.com

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