Reported about 2 months ago
Nvidia's stock has seen a significant drop of 14% from its all-time high, raising questions about whether now is a good time to buy. Despite impressive revenue and earnings growth driven by high demand for its AI chips, analysts warn of potential economic challenges, including a possible recession that could impact corporate spending on high-end technology. While Nvidia boasts strong financials, concerns about sustaining its growth in an increasingly competitive and speculative market linger, suggesting investors should exercise caution before purchasing.
Source: YAHOO