Reported about 14 hours ago
Nvidia's stock has dropped 22% from its peak due to investor concerns over economic slowdowns linked to global trade tensions. However, with promising financial results anticipated on May 28, analysts predict a potential recovery, especially given Nvidia's dominance in the AI chip market and its impressive customer spending forecasts. The upcoming earnings report is crucial, as it might ease fears of reduced spending among major clients like Meta and Microsoft, reinforcing Nvidia's strong market position.
Source: YAHOO