🚀【Financial News】Nvidia's stock price plummeted, is the investment opportunity here? 📉
Nvidia has risen rapidly due to Wall Street's artificial intelligence boom, but the market sell-off on Tuesday caused its market value to shrink by $279 billion, setting a record for the largest single-day drop for a US company. The stock price continued to fall slightly on Wednesday. 😱
Despite this, Nvidia's stock price has risen 115% so far this year. Analysts warn that investors should not expect the stock price to continue to rise at the same rate. Nvidia's data center business had record revenue last quarter, but the growth rate has slowed significantly. 📊
Angelo Chino, an analyst at CFRA Research, said that Nvidia's current trading price is far below historical valuation levels. The Bank of America analyst team also raised Nvidia's stock price target to $165. 📈
In the long run, as more AI-enabled devices and connected devices come out, data center demand will continue to increase. Investors may not miss the opportunity to buy Nvidia shares now. 💡
What do you think? Feel free to share your thoughts in the comments! 💬 #英伟达#Nvidia#InvestmentOpportunities#FinancialNews#AI