Reported about 8 hours ago
Nvidia's stock has fallen nearly 30% this year despite a 27% increase over the past 12 months, largely due to demand uncertainty and U.S. government restrictions. Investors are eagerly waiting for earnings reports from Amazon and Microsoft on May 1, which may indicate whether capital spending on data centers is on track, potentially revitalizing Nvidia's stock. Analysts suggest long-term growth prospects for Nvidia remain positive, positioning it as a strong investment opportunity despite current challenges.
Source: YAHOO