Time to Reevaluate Nvidia As NVDA Stock Slumps on $15B Loss Risk

The Nvidia stock price is declining again today, heading to $100 after the 7% decline yesterday, as the chip trade war heats up.

Skerdian Meta2 min read

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Nvidia stock price is heading to $100

Quick overview

  • Nvidia’s stock price is declining, heading towards $100 after an 8% drop yesterday due to escalating chip trade tensions.
  • The company faces significant challenges from U.S. trade sanctions, resulting in a $5.5 billion impairment charge linked to unsold AI chips restricted from export to China.
  • Analysts warn that Nvidia could experience a revenue hit of $15 billion to $16 billion, jeopardizing its projected annual…

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