Where Will It Be in 1 Year (Oct 22)
Shares of Nvidia Corp. (NASDAQ: NVDA) are up 5.7% over the past 90 days, despite recently announced partnerships with Intel and OpenAI and several new products unveiled, as the company’s market share in China dropped to zero. The stock is still 86.9% higher than six months ago, easily outperforming the S&P 500 and Nasdaq in that time.
However, the ongoing rebound from the spring low has sparked mixed reactions. While some analysts have raised price targets, others caution about ongoing headwinds due to uncertainty surrounding future U.S.-China trade relations and the potential for stricter regulations.
Nvidia, the leading artificial intelligence (AI) chipmaker, has been navigating a pivotal moment…
