Reported 2 months ago
Nvidia's stock (NVDA) ended the week down 2%, continuing a trend of decline despite Wall Street analysts expressing optimism about its long-term growth potential. Analysts highlight the persistent demand for AI investment from large tech firms, which should benefit Nvidia, although recent concerns about delays in the company's next-generation chips have added pressure. Despite the recent downturn in the tech sector, some analysts believe this is a buying opportunity, citing increasing capital expenditures related to AI.
Source: YAHOO