Reported about 20 hours ago
Nvidia's shares have dipped 1% this year, falling behind the S&P 500 by over 5% largely due to concerns stemming from DeepSeek's AI advancements, shifts in AI compute cycles to ASICs, and delays in their Blackwell chip. Analysts maintain a positive outlook, with predictions of strong growth in data center sales and reaffirmation of Nvidia as the leading platform for AI development. Despite the competitive landscape and market pressures, some analysts remain confident, giving Nvidia a $190 price target as it approaches its earnings announcement.
Source: YAHOO