Reported 2 months ago
Nvidia's stock has witnessed a sharp decline of 26% over six weeks, raising concerns that a further drop of up to 80% could follow, based on historical trends with past technology market leaders. The company's dominance in the AI sector, driven by its GPUs, is challenged by increasing competition from rival companies and internal developments among its largest clients. As the AI bubble potentially starts to burst, investors are advised to reconsider their positions in Nvidia.
Source: YAHOO