Chip Demand Could Be Slowing, but Does That Make Nvidia Stock a Sell?
Is the party over for Nvidia (NASDAQ: NVDA)?The stock earned massive gains in 2023 and 2024 as its role in ChatGPT's artificial intelligence (AI) breakthrough made it the undisputed leader in the AI accelerator industry. So successful are its products that AI accelerators now generate nearly all of the company's revenue.More recently, Nvidia pulled back from record highs following the news of the DeepSeek breakthrough earlier this year. And signs of falling demand and rising competition cast further doubts on the stock's near-term direction.Continue reading
Is the party over for Nvidia (NASDAQ: NVDA)?
The stock earned massive gains in 2023 and 2024 as its role in ChatGPT's artificial intelligence (AI) breakthrough made it the undisputed leader in the AI accelerator industry. So successful are its products that AI accelerators now generate nearly all of the company's revenue.
More recently, Nvidia pulled back from record highs following the news of the DeepSeek breakthrough earlier this year. And signs of falling demand and rising competition cast further doubts on the stock's near-term direction.
