_analyst-challenges-nvidia39s-ai-dominance-predicts-28-plunge-in-stock-price.jpg "Analyst Challenges Nvidia's AI Dominance, Predicts 28% Plunge in Stock Price from my beaver needs a haircut reading Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 560K times
✓ Published: 08-May-2024
👁 View: 560K times
✓ Published: 08-May-2024
Description:
D.A. Davidson analyst Gil Luria predicts a significant 28% drop in Nvidia's stock price from $864 to a target of $620 over the next year. Luria predicts major tech companies like Google, Amazon, Meta, and Microsoft will reach GPU capacity needs, reducing demand growth for Nvidia's chips. Some big customers are also turning to Nvidia's rival AMD for AI chips that are claimed to be better than Nvidia's for certain uses. While most analysts are bullish on Nvidia, others share concerns about high expectations not being sustainable and risks from tensions with China.
D.A. Davidson analyst Gil Luria predicts a significant 28% drop in Nvidia's stock price from $864 to a target of $620 over the next year. Luria predicts major tech companies like Google, Amazon, Meta, and Microsoft will reach GPU capacity needs, reducing demand growth for Nvidia's chips. Some big customers are also turning to Nvidia's rival AMD for AI chips that are claimed to be better than Nvidia's for certain uses. While most analysts are bullish on Nvidia, others share concerns about high expectations not being sustainable and risks from tensions with China.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_wolves-latest-a-look-ahead-to-wants-and-needs-from-the-summer-window-and-their-standout-player-this-season.webp "A look at Wolves with their tight squad issues that have caused them a few problems over the last couple of seasons with injuries to some of their star players. As the summer approaches, they must be sure to keep their big names to make progress next season.")
⏲ 3:0 👁 8.1M
_hilarious-brendas-beaver-needs-a-barber.webp "Becoming Bev")
_brenda39s-beaver-needs-a-barber-read-by-80-year-old-with-english-accent.webp "Stephanie Conner")
⏲ 3 minutes 36 seconds 👁 4.2K
_advice-on-large-money-inheritance.webp "First, put all major decisions on hold. A financial planner can help you come up with a plan that addresses your goals, dreams and needs.")
_laughing-lady-reads-brendas-beaver-plays-a-round-barbara-parrott.webp "Barbara Parrott")
_indexation-changes-to-wipe-363-billion-from-student-loans.webp "Australians with student loans will have hundreds of dollars wiped from their HECS debts by indexation changes in the upcoming federal budget. President of the national union of students, Ngaire Bogemann says while the changes are welcome, the fine print needs to be examined.")
_laughing-lady-reads-brendas-beaver-needs-a-barber-barbara-parrott.webp "Barbara Parrott")
_brendas-beaver-needs-a-barber-part-2.webp "Sully")
_wolves-latest-a-look-ahead-to-wants-and-needs-from-the-summer-window-and-their-standout-player-this-season.jpg)
_hilarious-brendas-beaver-needs-a-barber.jpg)
_brenda39s-beaver-needs-a-barber-read-by-80-year-old-with-english-accent.jpg)
_advice-on-large-money-inheritance.jpg)
_laughing-lady-reads-brendas-beaver-plays-a-round-barbara-parrott.jpg)
_indexation-changes-to-wipe-363-billion-from-student-loans.jpg)
_laughing-lady-reads-brendas-beaver-needs-a-barber-barbara-parrott.jpg)
_brendas-beaver-needs-a-barber-part-2.jpg)
![[+]](/images/menu.gif){kind=small}