Reported 2 months ago
Nvidia's stock has surged 10% over the past week, recovering from a decline of about 20% since June. This rebound follows reassurance from analysts that the company's production delays for its upcoming AI chips may not impact demand. Analysts believe Nvidia's products, particularly its new Blackwell platform and existing Hopper chips, are in high demand, with positive prospects for AI adoption. However, despite this resurgence, Nvidia was not included among The Motley Fool's top stock picks, suggesting a cautious approach for potential investors.
Source: YAHOO