Why Nvidia Stock Dropped Wednesday

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Why Nvidia Stock Dropped Wednesday

Motley Fool2022-03-24

What happenedSince kicking off its virtual Graphics Technology Conference 2022 (GTC 2022) on Monday, Nvidia has published (by my count) about 15 separate press releases, touting, among other things:...

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tlinh
·2022-03-25
what a stupid article and today proves it, motley fool is really a fool churning out these low quality "i told u so" articles only to appear like the real fool once market has time to digest the news
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PhilipGoh
·2022-03-25
Buy
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Jjinc
·2022-03-25
Thanks
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1
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wallence82
·2022-03-24
Continue to hold
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Wenikho
·2022-03-24
Ok
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1
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TCF
·2022-03-24
🚀🚀 soon
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N00b
·2022-03-24
Like pls
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2
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Road1Warrior
·2022-03-24
yes me too. i need it to get to lower entry price so i m not impressed too.
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4
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ParableTalen
·2022-03-24
TBH. Their sharing is quite technical.
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Jloong
·2022-03-24
[Miser]
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xYurius
·2022-03-24
Buy buy buy
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3
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MamaLee
·2022-03-24
Ok
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1
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VivianChua
·2022-03-24
NVDA will shine💚💚💚
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SQP
·2022-03-24
Ok
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dahae
·2022-03-24
A
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rachellll
·2022-03-24
a
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YueShan
·2022-03-24
Patient, gg up again⭐⭐⭐
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SK19
·2022-03-24
💪💪💪
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Steven Tay
·2022-03-24
Ok
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That article quoted CEO Jensen Huang, who said: \"Data centers are becoming AI factories, processing and refining mountains of data to produce intelligence.\" It also quoted Bob O'Donnell, chief analyst at TECHnalysis Research, who asserted that Nvidia's latest advances make it a greater threat to the data center and cloud computing businesses of Intel and AMD.But not everyone is impressed.On the one hand, JPMorgan analyst Harlan Sur observed Wednesday morning that Nvidia remains \"1-2 steps ahead of its competitors\" in the fields of artificial intelligence, high-performance computing, gaming, and autonomous vehicles, too. On the other hand, TheFly.com points out that Barclays Capital, Citigroup -- and JPMorgan, too! -- are maintaining the exact same $350 price targets on Nvidia stock that they had before GTC 2022 commenced.Now whatGranted, Nvidia stock costs only about $260 today, so a $350 price target implies a generous upside potential of 35%. Granted, too, all three of these banks have buy ratings on Nvidia.But the fact remains: Nothing that the chipmaker has said over the past two days -- not one out of the 15 separate press release announcements -- was sufficiently impressive to encourage any of these banks to shift their stances and raise their price targets on the stock. As Barclays commented, the product announcements have so far been largely as expected, and Nvidia's management didn't raise its guidance at all.So why is Nvidia stock down Wednesday? Investors simply wanted more -- and they didn't get it.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9037422227,"gmtCreate":1648168409230,"gmtModify":1676534312221,"author":{"id":"4107589213975220","authorId":"4107589213975220","name":"tlinh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1},"htmlText":"what a stupid article and today proves it, motley fool is really a fool churning out these low quality \"i told u so\" articles only to appear like the real fool once market has time to digest the news","listText":"what a stupid article and today proves it, motley fool is really a fool churning out these low quality \"i told u so\" articles only to appear like the real fool once market has time to digest the news","text":"what a stupid article and today proves it, motley fool is really a fool churning out these low quality \"i told u so\" articles only to appear like the real fool once market has time to digest the news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037422227","repostId":2221045469,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037546664,"gmtCreate":1648160304102,"gmtModify":1676534309736,"author":{"id":"3574730309796268","authorId":"3574730309796268","name":"PhilipGoh","avatar":"https://static.tigerbbs.com/d6085185a57dcb9a222e871338387428","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037546664","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037548192,"gmtCreate":1648160044352,"gmtModify":1676534309711,"author":{"id":"3570885091632054","authorId":"3570885091632054","name":"Jjinc","avatar":"https://static.tigerbbs.com/45628f0855a4cf949f05785b5cf53b7a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037548192","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037273657,"gmtCreate":1648129232300,"gmtModify":1676534307271,"author":{"id":"3564307944903490","authorId":"3564307944903490","name":"wallence82","avatar":"https://static.tigerbbs.com/dea005ab03386f13fa25c505b9a3221a","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Continue to hold","listText":"Continue to hold","text":"Continue to hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037273657","repostId":2221045469,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037257529,"gmtCreate":1648126739086,"gmtModify":1676534306975,"author":{"id":"3583735307988740","authorId":"3583735307988740","name":"Wenikho","avatar":"https://static.tigerbbs.com/48d673eefef20f75808048d78501a48f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037257529","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037254157,"gmtCreate":1648126393708,"gmtModify":1676534306935,"author":{"id":"4093296550829420","authorId":"4093296550829420","name":"TCF","avatar":"https://static.itradeup.com/news/f8a269ff40b0c02bcb79f0842951e39b","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"🚀🚀 soon&nbsp;","listText":"🚀🚀 soon&nbsp;","text":"🚀🚀 soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037254157","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037219250,"gmtCreate":1648111695913,"gmtModify":1676534305631,"author":{"id":"4102702385674620","authorId":"4102702385674620","name":"N00b","avatar":"https://community-static.tradeup.com/news/2fff337dda34fd1714aa113e5b234fc9","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037219250","repostId":2221045469,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037672874,"gmtCreate":1648103281708,"gmtModify":1676534304620,"author":{"id":"4098084219326670","authorId":"4098084219326670","name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1},"htmlText":"yes me too.&nbsp; i need it to get to lower entry price so i m not impressed too.","listText":"yes me too.&nbsp; i need it to get to lower entry price so i m not impressed too.","text":"yes me too. i need it to get to lower entry price so i m not impressed too.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037672874","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037647292,"gmtCreate":1648101639324,"gmtModify":1676534304469,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"TBH. Their sharing is quite technical.","listText":"TBH. Their sharing is quite technical.","text":"TBH. Their sharing is quite technical.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037647292","repostId":2221045469,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037644223,"gmtCreate":1648100959239,"gmtModify":1676534304438,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":1},"htmlText":"&nbsp;[Miser]&nbsp;","listText":"&nbsp;[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037644223","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037648557,"gmtCreate":1648099793209,"gmtModify":1676534304357,"author":{"id":"3572238239074228","authorId":"3572238239074228","name":"xYurius","avatar":"https://static.tigerbbs.com/c3560ea2eb5e71193a8f84f536beea9c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037648557","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037652821,"gmtCreate":1648098109921,"gmtModify":1676534304141,"author":{"id":"3579998898288031","authorId":"3579998898288031","name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037652821","repostId":2221045469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037658932,"gmtCreate":1648097619756,"gmtModify":1676534304078,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"NVDA will shine💚💚💚","listText":"NVDA will shine💚💚💚","text":"NVDA will 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