Reported about 2 months ago
Nvidia's stock has recently faced a significant 20% drop, marking its first major decline since 2023, leading to concerns about the sustainability of its impressive growth. After a peak value exceeding $3.2 trillion, the stock has seen a dramatic loss of over $650 billion, with analysts questioning whether rising sales will continue to support such a high stock valuation. While Nvidia remains a strong company, short-term volatility suggests that caution may be warranted before investing.
Source: YAHOO