Nvidia’s Stock Falls Further – but Analysts See a Future That’s Brighter Than Ever
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is ‘potentially comforting for investors thinking about what might come next for the company’ Nvidia Corp. shares have turned lower Wednesday, adding to sharp losses from a day earlier, even as analysts urged investors to think big picture. While Chief Executive Jensen Huang’s Monday night keynote didn’t impress Wall Street, executives got another crack at things with a Tuesday afternoon analyst meeting, which touched on everything from attempts to get more on the specifics of January-quarter guidance to management’s perceived opportunity in areas like robotics and autonomous driving. Nvidia’s stock (NVDA) is down about 1% in Wednesday’s session after it had been up as much as 2.7% earlier in the trading day. It lost 6.2% on Tuesday. See also: Quantum-computing stocks sink as Nvidia CEO delivers a reality check Analysts saw some upbeat signs, particularly when taking a wide […]
Nvidia’s Stock Falls Further – but Analysts See a Future That’s Brighter Than Ever Read Post »