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NVDA did not file a new shelf offering.

No open positions in NVDA, but follow it. I’m seeing a misunderstanding run wild and thought I’d make a post to address it: NVIDIA on Friday did not file for NEW shelf offering. They filed an amendment to the one from February (the difference being dilution of 20 billion vs 10 billion). Further, the quarterly report explicitly addressed that this filing was coming purely for administrative purposes and that they actually have no plans to use it anytime soon (ie no dilution at all anytime soon). The bear narrative that the rug has been pulled isn’t correct and everything can be understood by reading the quarterly report. TLDR Translation for WSB Bro: NVDA bear fucked. Can’t read good. Bear bad reading used to try to scare NVDA bull to give up money for Bear. But Bear fucked because other people read good.

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