Nvidia Stock Gets a Price-Target Cut. What's Worrying Analysts.

Core Viewpoint - Nvidia's stock has decreased by 8% over the past month, primarily due to a slump following its earnings report, which was further impacted by results from rival AI chip company Broadcom [1] Company Summary - Nvidia's stock performance has been negatively affected after its earnings report [1] - The decline in Nvidia's stock is compounded by competitive pressures from Broadcom, another player in the AI chip market [1] Industry Summary - The AI chip industry is experiencing volatility, with Nvidia facing challenges from rival companies like Broadcom [1] - The performance of AI chip companies is closely linked, as results from one can influence the market perception and stock performance of others [1]