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Beat but failed ARM deal: Is Nvidia a buy or a bye?

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On February 16, Nvidia announced its fiscal year 2022 Q4 financial results. Revenue was $7.643 billion, up 52.8% year-over-year; net income was $3.003 billion, up 106.1% year-over-year. The company said it will recognize $1.36 billion in operating expenses in the first quarter of fiscal 2023 resulting from the termination of the ARM acquisition.
Is NVDA a buy after earnings? Will you step in or step out?
On February 16, Nvidia announced its fiscal year 2022 Q4 financial results. Revenue was $7.643 billion, up 52.8% year-over-year; net income was $3.003 billion, up 106.1% year-over-year. The company said it will recognize $1.36 billion in operating expenses in the first quarter of fiscal 2023 resulting from the termination of the ARM acquisition.
Is NVDA a buy after earnings? Will you step in or step out?
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I m interested to buy this stk, I m waiting for it to correct so I can buy it as long term, there will always be another ARM, even this arm deal didn't materialize
The company plans to conduct an initial public offering of ARM by the end of the next fiscal year ending in March 2023, and the ideal IPO listing venue is the Nasdaq in the United States.
ARM goes public or fails to achieve the high valuations it sold to Nvidia, making it harder for SoftBank to raise money for the Vision Fund.
On the day of the news that the sale of ARM to Nvidia had failed, ARM’s management was quickly reorganized, with seven years of experience working at Nvidia.

Eyeing a Bargain

I am monitoring $NVIDIA(NVDA.US)$ closely with the intention of loading up at a cheap entry point. Somehow, the market is still able to find fault with aspects of their latest sterling set of results and guidance. Well, I intend to take advantage of it. I think the stock price will go down furthur in line with the general sell down of tech stocks due to interest rate hikes and Russia-Ukraine situation. I will pounce and accumulate when i assess the price has stabilised and a bott...
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