Account Info
Log Out
English
Back
Download
Log in to access Online Inquiry
Back to the Top
Nvidia retreats nearly 10% from peak: Good buy or goodbye?
$NVIDIA (NVDA.US)$ has recently undergone a notable pullback, shedding approximately 10% from its historical high close. Despite this retrace Show More
$NVIDIA (NVDA.US)$ has recently undergone a notable pullback, shedding approximately 10% from its historical high close. Despite this retracement, Bank of America analyst Vivek Arya remains bullish on Nvidia, maintaining a buy rating with a target price of $1,100, suggesting a potential 26% upside. The recent decline in Nvidia's stock price can be attributed to a host of factors: profit-taking by investors, intensifying competition, inflation concerns, and increased reliance on in-house chips by its largest customers.

🎙️ Discussion:
1. With competitors like $Intel (INTC.US)$ and $Alphabet-A (GOOGL.US)$ ramping up their efforts, could this pose a long-term impact on Nvidia's standing in the AI chip industry?
2. In light of Nvidia's recent performance, would you adjust your investment strategy?
Views
427K
Posts
101
Join topic
Posts
News
Latest
Hot
Related Stocks
  • NVDA
    NVIDIA
    877.570
    +0.03%
  • INTC
    Intel
    31.360
    -1.63%
  • GOOGL
    Alphabet-A
    166.150
    -3.37%
  • GOOG
    Alphabet-C
    167.900
    -3.33%
  • META
    Meta Platforms
    432.620
    -2.41%