Reported about 14 hours ago
Nvidia's stock has seen a 1% decline this year, underperforming the S&P 500 by over 5% in the past month as analysts point to factors such as decreased AI demand from DeepSeek, a shift in computing preferences to custom chips, and delays with its Blackwell chips. Despite these concerns, analysts like Mark Lipacis and Vivek Arya remain optimistic, maintaining strong price targets and expecting Nvidia to recover with strong data center sales growth and positive earnings. The competitive landscape is sharpening with other tech companies like Amazon and Google entering the AI chip space.
Source: YAHOO