Schwab Network

White: 'Headscratcher' NVDA Move, HPQ Earnings & Layoffs


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Tom White and Diane King Hall serve up a full plate of tech stock takeaways, starting with the story of the week: Alphabet (GOOGL) vs Nvidia (NVDA). Tom calls the pullback in Nvidia a "headscratcher" as the company releases comments saying their chips are a "generation ahead" of Google's TPUs. Meanwhile, Tom hops over to HP Inc. (HPQ) as the A.I. infrastructure company eked out an earnings beat in its 4Q report. He notes the company underlining elevated memory prices impacting margins and the 6K job cuts announced alongside an A.I. productivity push.


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