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

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…