Nvidia stock

2024 - 8 - 5

Nvidia Stock Rollercoaster: The Ups, Downs, and AI Chip Drama!

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Nvidia stock takes a hit amid AI chip delays and tech stock slump โ€“ analysts aren't hitting the panic button yet!

Nvidia (NVDA -7.13%) has been riding high on the wave of artificial intelligence (AI) dominance. The company's stock has seen significant gains in recent years as it cornered the market on AI chips. Despite its recent success, Nvidia's stock took a tumble this Monday, extending the stock's one-month decline to roughly 23% amid a global pullback in tech stocks. The primary culprit for this latest drop? Reports of a delay in Nvidia's highly anticipated Blackwell B200 AI chip.

Adding fuel to the fire, headlines circulated about a potential design flaw in the Blackwell AI chips, which have been in high demand among the tech giants. The news of the delay, coupled with fears of a broader economic recession, sent Nvidia and several other big tech stocks into a downward spiral. Yet, amidst the panic, some analysts are keeping a cool head.

In fact, prominent analysts at Goldman Sachs and Raymond James have maintained their optimistic outlook on Nvidia. Goldman Sachs continues to give Nvidia a Buy rating with a target price of $135, despite the reported setbacks. They argue that the delay could, in some ways, be beneficial for Nvidia's gross margins. It gives the company a buffer to work out any potential kinks in the design, ensuring a more flawless product upon release.

Interestingly, some optimistic voices are suggesting that this setback might actually position Nvidia for a stronger comeback. The delay means Nvidia has additional time to perfect the chip's design, potentially leading to an even more powerful and profitable product. Either way, this AI chip drama has certainly made for a few nail-biting moments for Nvidia's investors.

On the more intriguing side of things, did you know that Nvidia's market capitalization soared past $300 billion earlier this year? This is a testament to its leading role in the AI revolution. And while the current delays are causing jitters, Nvidia is no stranger to bouncing back stronger. This resilience can be attributed to their continuous innovation and strategic market positioning.

Additionally, the artificial intelligence sector, where Nvidia is a key player, is projected to grow exponentially in the coming years. This is partly due to advancements in machine learning and big data analytics. So, although the present seems shaky, the future might just hold huge opportunities for Nvidia and its faithful investors. Keep those seat belts fastened, because the Nvidia stock rollercoaster ride is far from over!

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Image courtesy of "Motley Fool"

This Could Be Bad and Good News for Nvidia Stock (Motley Fool)

Nvidia (NVDA -7.13%) stock has been flying high for the past few years, buoyed by the company's dominance in the artificial intelligence (AI) chip market.

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Nvidia stock tumbles in tech slump amid questions over key chip (TheStreet)

Nvidia shares tumbled in early Monday trading, extending the stock's one-month decline to around 23%, amid a major pullback in global tech stocks and reports of ...

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Image courtesy of "Investor's Business Daily"

Nvidia Reportedly Delays Next-Generation Blackwell AI Chip; Big ... (Investor's Business Daily)

Nvidia reportedly has delayed the Blackwell B200 AI chip by 3 months or more. Nvidia stock and other big AI plays plunged early Monday.

Nvidia's stock slides, but these analysts aren't panicking about ... (Morningstar.com)

By Emily Bary. A report says Nvidia's new Blackwell chip could be delayed by months, but one analyst says that could actually help gross margins.

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Nvidia stock is tanking after reports of an AI chip design flaw (Quartz)

Nvidia's latest Blackwell AI chips have been in high demand from the world's biggest tech companies.

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Nvidia: Analysts see potential Blackwell delay impact as modest (Investing.com Canada)

Goldman maintained a Buy rating on Nvidia (NASDAQ:NVDA) stock and a target price of $135. Similarly, analysts at Raymond James said they see potential ...

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Nvidia stock and shares of data-center hardware vendors tumbled amid reports of a delay for Nvidia's next-generation AI processor.

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Nvidia's stock slides, but these analysts aren't panicking about ... (MarketWatch)

Nvidia Corp.'s stock is falling hard in Monday's premarket action, partly reflecting concerns about reported delays for its new Blackwell chip and also taking ...

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Nvidia Stock Plummets on Reported Delay of Its New AI Chip Amid ... (Investopedia)

Nvidia shares tumbled Monday after reports that its next-gen artificial intelligence chip launch will be delayed, amid a global sell-off fueled by worries ...

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Why Nvidia Stock Crashed on Monday (Motley Fool)

Reports suggest Nvidia's highly anticipated Blackwell AI artificial intelligence (AI) chips could be delayed. The company's state-of-the-art processors have ...

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Raising Cash and ... Adding to Nvidia (TheStreet)

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Big Tech Falters: Magnificent 7 Sheds Over $1 Trillion As Apple ... (Forbes)

Monday is a brutal day for long investors. Getty Images. Key Facts. American stock indexes tanked shortly after Monday's market open, as the blue chip Dow Jones ...

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Nvidia led the Magnificent 7 stocks lower Monday as the group saw its biggest market cap wipeout ever.

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Nvidia, Apple and Amazon took a hit Monday, here's a look at how ... (USA TODAY)

See how tech, retail and finance stocks are performing after the S&P 500 Index dropped Monday morning.

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Dow Jones Plunges 1200 Points In Stock Market Sell-Off; Nvidia ... (Investor's Business Daily)

On Friday, the Dow Jones Industrial Average sold off 1.5%, while the S&P 500 lost 1.8% and the tech-heavy Nasdaq composite plunged another 2.4%. The small-cap ...

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Nvidia Leads Big Tech Decline. Why Investors Shouldn't Panic. (Barron's)

Nvidia stock fell sharply Monday. The chip maker was hit by fears about economic growth and the production of its next-generation artificial-intelligence ...

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Nvidia Stock (NASDAQ:NVDA): Options Traders Are Taking the ... (Yahoo Finance)

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1 Wall Street Firm Thinks Nvidia Stock Is Going to $144. Is It a Buy? (Motley Fool)

Expectations are high for Nvidia's Aug. 28 earnings report after the company posted triple-digit growth over the last year.

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Forget NVIDIA Stock Split: 1 Reason It Is Still a Buy (24/7 Wall St.)

In June the company completed a 10-for-1 stock split. NVIDIA's market value has more than doubled in the last decade. f you're looking for some stocks with ...

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Schwab Investors Dump Tesla Just In Time, But Keep Loving Nvidia (Investor's Business Daily)

Charles Schwab investors added Nvidia stock and Chipotle in July. They were fortunate to have been sellers of Tesla stock before a big drop.

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Watch These Nvidia Stock Price Levels as AI Darling Navigates ... (Investopedia)

Nvidia shares rose in premarket trading Tuesday, after dropping more than 6% the previous session amid a broad-based market selloff and following reports ...

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Nvidia Stock Is Rebounding. Analysts Are Bullish, Say Fears Are ... (Barron's)

Vanguard's hesitation over stocks is largely tied to price-to-earnings ratios. Bonds offer attractive yields, and enjoy the prospect of a tailwind once the ...

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Nvidia Stock Rebounds as Analysts Highlight AI Leadership ... (Investopedia)

Nvidia shares rebounded in early trading Tuesday after reports its Blackwell AI chip will be delayed sent the stock tumbling, as bullish analysts ...

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Nvidia Stock (NASDAQ:NVDA): The Bigger They Are, The Harder ... (Nasdaq)

Nvidia (NVDA) is a tech titan that only seems to get bigger, and the share price only seems to go up โ€“ until it doesn't anymore. The fall could be steeper ...

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Nvidia Stock Bounced Back Today. What Investors Need to Know. (Motley Fool)

Nvidia (NVDA 6.64%) shares plunged more than 6% yesterday as global markets dropped from several negative catalysts. The selling started in Japan after the ...

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Nvidia, Meta, Netflix Profit Outlooks Sunny Despite Harsh Selling (Investor's Business Daily)

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