Nvidia’s ‘near-term setup is under pressure’ as SoftBank is reportedly looking to unload its stake (NVDA)

SoftBank is reportedly exploring a sale of its Nvidia stake for early next year. “This is a negative” as Softbank likely has solid information on overall Data Center trends, RBC analyst Mitch Steves, a long-time bull on Nvidia, said in a note out Wednesday. He concludes that the near-term setup is “under pressure.”  Watch Nvidia…

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Nvidia’s ‘near-term setup is under pressure’ as SoftBank is reportedly looking to unload its stake (NVDA)

SoftBank is reportedly exploring a sale of its Nvidia stake for early next year. “This is a negative” as Softbank likely has solid information on overall Data Center trends, RBC analyst Mitch Steves, a long-time bull on Nvidia, said in a note out Wednesday. He concludes that the near-term setup is “under pressure.”  Watch Nvidia…

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