Reported 2 months ago
Nvidia's stock fell over 5%, pulling down other chip stocks as all major indexes closed in the red. Despite a bearish market, Piper Sandler analysts believe this dip represents a 'tremendous opportunity' for investors, noting Nvidia's strong fundamentals and expected revenue growth from upcoming chip architectures. Nvidia continues to assure that production of its next-generation chips is on schedule despite recent delays reported in the market.
Source: YAHOO