Reported 2 months ago
Nvidia's stock fell as much as 7% on Thursday, reversing a significant rally from the previous day, in line with a broader decline across the tech sector due to weak economic data. The downturn surprised many following a strong report from AMD that had boosted confidence in AI investments. Despite concerns, analysts maintain that Nvidia remains well-positioned for future growth, benefiting from substantial capital expenditures from major clients like Microsoft and Meta.
Source: YAHOO