Nvidia CFO discloses memory procurement commitments rose to $279 billion
Nvidia CFO Colette Kress disclosed that the company's memory procurement commitments increased from $119 billion last quarter to $279 billion, primarily related to memory procurement. Memory-related names including Micron, SK Hynix, Sandisk, and the Roundhill Memory ETF reacted slightly positive to Nvidia's earnings beat.
Detected & updated continuously · Source: Nebula
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@TradexWhisperer
$NVDA CFO Colette Kress on Memory. “Our commitments increased from $119 billion last quarter to $279 billion, primarily related to the procurement of memory.” $MU $SKHY $DRAM $SNDK
@TehLamboX
$SNDK $MU $SKHY and $INTC All have reaceted slightly positive to the $NVDA ER beat so far. Lets see how it goes on from here.