NVDA Stock's AI Castle: Is Nvidia's Moat Turning Into Quicksand?
Nvidia (NASDAQ:NVDA) is one of the hottest stocks of the past year, riding high on the artificial intelligence hype cycle. However, the chipmaker’s shares lost their luster in recent weeks, plunging 15% from its peak in June. This pullback occurred even without Nvidia posting any concerning financial results.As a semiconductor company, Nvidia stock is naturally volatile and underperforming during broader market downturns. And I believe shares will fall further in the near term if the current bearish sentime ...