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HSBC analyst Frank Lee slashed his price target from $175 to $120 as he downgraded Nvidia's stock from a buy to a hold. Lee ...
The broader market is seeing bearish momentum amid concerns about the implementation of new tariffs and related macroeconomic risk factors, and Nvidia's valuation is moving lower due to the pullback.
There wasn't any major news that weighed on Nvidia, but signs that demand for AI infrastructure may be slowing seemed to drive the stock lower, as did general fears about a slowdown in the economy ...
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA ... partner imposed higher tariffs on American goods than the US did on theirs, the "reciprocal tariffs" would apply.
Nvidia officials did say they would manufacture chips in the ... "And we've got a fairly good pipeline of demand for Blackwell." Why Tesla's stock is unraveling and what happens next, according ...
Nvidia has been majorly bolstered by the massive bull run at the US stock market through 2023 and 2024, but as the new year arrived, Wall Street's growth pace slowed down significantly and so did ...