Forget Guidance Woes: Buy Semiconductor ETFs on NVDA's Dip

The chip behemoth NVIDIA (NVDA) once again posted a beat-and-raise quarter thanks to the ongoing artificial-intelligence (AI) boom, but its stock was down about 2.5% in Wednesday's extended session due to the issuance of a less lofty guidance. NVIDIA failed to top expectations with its guidance by the same magnitude as before.Nvidia's $37.5 billion revenue forecast for the January quarter topped the consensus view of $37.1 billion. But "whisper" numbers on the buy side were perhaps more in the $39 billion t ...