Reported 2 months ago
Nvidia's stock dipped by 2% despite a positive outlook from Piper Sandler, which identified a 'tremendous opportunity' for investors after a significant sell-off. Analysts noted Nvidia's strength in the AI accelerator market and projected growth stemming from its upcoming Blackwell chip architecture. Alongside Nvidia, Advanced Micro Devices was also highlighted as a top pick, reflecting potential gains amidst recent market volatility affecting chip stocks.
Source: YAHOO