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Analyst downgrades Nvidia stock to ‘Sell'
NvidiaNvidia(US:NVDA) Finbold·2024-11-01 14:20

Analysts typically consider a range of factors when revising stock forecasts, including Nvidia’s strides in AI technology, its expanding footprint in data centers, and the growing demand for its GPUs within AI and machine learning applications. Upward revisions in recent months have reflected Nvidia’s strong positioning in the AI chip market, with innovative products like the H100 Tensor Core GPU enhancing its competitive edge. As industries continue adopting AI-driven solutions, demand for Nvidia’s hardwar ...