Strategist warns Nvidia ‘won't be the top performing AI stock,' sets NVDA's path to $175

A technical strategist has warned that Nvidia’s (NASDAQ: NVDA) dominance in artificial intelligence might be challenged due to its enormous valuation.In this context, Blue Chip technical analyst Larry Tentarelli offered a cautious yet optimistic outlook for the chipmaker, warning that the company’s $3.6 trillion market capitalization might hinder its ability to outperform smaller players in the AI scene, as noted in an X post on November 22.Despite this warning, Tentarelli pointed out that Nvidia will likel ...