Nvidia Stock Is Falling. Analysts Are Still Bullish on Its AI-Driven Growth.
Key Takeaways
- Nvidia shares gave up early gains Thursday after the chipmaker reported earnings that topped Street estimates. Investors may have expected more from the AI darling.
- However, analysts said they’re still bullish on the chipmaker’s prospects, anticipating strong demand as Big Tech ramps up spending on AI infrastructure.
- Bank of America called Nvidia a “top pick” on its AI dominance and raised its price target for the stock.
Nvidia (NVDA) shares gave up early gains Thursday after the chipmaker reported fourth-quarter earnings that topped Street estimates. Investors may have expected more from the AI darling.
Shares were down about 3% at $127 in intraday trading. The stock has had a tough start to 2025, with shares down about…
