Wells Fargo cut its $NVDA target to $300 from $315 and kept Overweight. Wells left every estimate unchanged. The cut sits in its paragraph on the Jensen Huang investigation and key person risk. So this is a multiple cut, not an earnings cut. Wells' demand checks into Nov 17 still point up, with Taiwan AI server exports +70% y/y in the quarter. $NVDA is one of my biggest positions still and I bought the dip.
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