Nvidia CEO Jensen Huang unveiled, among other things, the company’s next-generation superchip and a partnership with GM (GM) on AI for self-driving cars during his GTC keynote address. Yet Nvidia (NVDA) shares closed more than 3% lower on Tuesday. Why? The Basenese Group founder and chief strategist Lou Basenese explains why investors shrugged off the news in the video above.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.