Steve Eisman stays bullish on Nvidia amid market volatility
In a week marked by Nvidia Corp.'s $430 billion sell-off, Steve Eisman of Neuberger Berman remains unfazed. The famed investor, known for his prescient bets, sees Nvidia as a steadfast long-term investment despite recent market jolts. Eisman, undeterred by short-term fluctuations, underscores Nvidia's pivotal role in AI computing, predicting sustained relevance for years to come. As the stock rebounded, Eisman reaffirmed his confidence, dismissing valuation concerns amid Nvidia's dominant position in the booming AI sector.
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By Alexandra Semenova and Farah Elbahrawy
A $430 billion sell-off earlier this week in artificial-intelligence darling Nvidia Corp. was no more than a blip to Neuberger Berman Group's Steve Eisman.
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