Reported 2 months ago
Nvidia's stock is projected to decline nearly 2% this week as challenges in the chip sector continue, with the company down about 20% in the last month. Despite this, Wall Street analysts uphold a positive outlook on Nvidia, backed by an urgent demand for AI investments from major tech players. Upgrades during the recent sell-off indicate confidence in Nvidia's long-term prospects, even as concerns about potential delays for its next-generation chip loom.
Source: YAHOO