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Nvidia's recent stock price pullback has drawn Michael Berry's attention, although he remains wary of investing in Nvidia in the long term. The investor, famous for accurately predicting the 2008 subprime mortgage crisis, believes that Nvidia may have trading opportunities in the short term, adding that the US chip giant is “an excellent deal,” but he also expects that Nvidia's competitive advantage will gradually weaken in the next five years.
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Nvidia's recent stock price pullback has drawn Michael Berry's attention, although he remains wary of investing in Nvidia in the long term. The investor, famous for accurately predicting the 2008 subprime mortgage crisis, believes that Nvidia may have trading opportunities in the short term, adding that the US chip giant is “an excellent deal,” but he also expects that Nvidia's competitive advantage will gradually weaken in the next five years.
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