Should You Buy Nvidia Before Feb. 26? The Evidence Is Piling Up, and Here's What It Says
Nvidia, the artificial intelligence chip leader, was a stock market star last year, soaring more than 170%.News from a Chinese startup upset the stock’s momentum in recent days, spurring worries about demand for premium chips.Nvidia’s next potential catalyst is just a couple of weeks away.Nvidia stock soared 171% last year for the best performance in the Dow Jones Industrial Average, which it recently joined. The year was fantastic for the artificial intelligence chip giant. It entered this famous benchmark, reported record revenue, and readied the release of its new game-changing Blackwell architecture.In recent days, though, Nvidia's momentum has screeched to a halt as the stock lost about 15% over the past five trading sessions. The reason for the drop?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet