Reported 2 months ago
Nvidia's stock has experienced a significant decline of about 21% over the past month, raising concerns about its high valuation and dependency on a few core products, particularly in the volatile AI chip market. While the company has seen remarkable revenue growth driven by data-center sales, potential economic downturns and AI fatigue may necessitate a reevaluation of its sustainability. Analysts warn that, without diversification, Nvidia could face major corrections as the economic landscape shifts, particularly if consumer demand for luxury tech wanes.
Source: YAHOO