Reported 2 days ago
Aswath Damodaran, known as the 'Dean of Valuation', predicts a significant drop in Nvidia's stock value due to competitive pressures from the AI startup DeepSeek. However, the article offers a contrarian perspective, suggesting that despite concerns about Nvidia's growth trajectory, major tech companies are still heavily investing in Nvidia's chips, indicating sustained demand. Therefore, ongoing stock dips may present strong buying opportunities, with potential for future gains.
Source: YAHOO