Nvidia gains amid bullish comments from Altimeter's Brad Gerstner
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Nvidia (NASDAQ:NVDA) neared session highs, up 3.3%, at least partly after investor Brad Gerstner of Altimeter Capital explained why he purchased the shares in December and January.
"Our expectation about revenue growth in the back half is accelerating," Gerstner said in an interview on CNBC. "We are ahead of the Street, not only for 2023, but we are ahead of the Street for 2024 and 2025."

Hedge fund investor Brad Gerstner is a very well known tech investor and was in the headlines in late October with his call for Meta Platforms (META) to downsize, limit its metaverse adventures and otherwise "get its mojo back." Meta shares soared 26% on Thursday following its Q4 results as its "year of efficiency" received analysts praise.
Nvidia (NVDA) is set to report its
Q4 results on Feb. 22.