Nvidia stock was dropping amid wider market jitters and a deeper rift between U.S. chip makers and China.
AI adoption is a genuine supercycle, but limitations in energy infrastructure and critical materials will likely cause periodic slowdowns, temporarily constraining GPU demand and valuations, particularly affecting Nvidia. Data center expansion faces physical bottlenecks, including strained electrical grids and scarce high-bandwidth memory components, placing practical caps on the pace of AI scaling despite robust long-term demand. Near-term valuation contractions are probable yet represent strategic opportunities to accumulate NVDA shares, as structural AI growth and inevitable infrastructure upgrades ultimately underpin sustainable long-term value appreciation.
On Wednesday, October 15, HSBC raised its price target on Nvidia (NASDAQ: NVDA) to a new Street-high price target of $320, nearly 80% above current levels, as the AI chipmaker unveiled a new $40 billion partnership with BlackRock to acquire Aligned Data Centers.
Nvidia (NASDAQ:NVDA) has been really making a lot of big-league deals in AI that have captured the attention of Wall Street of late.
NVDA and PLTR drive AI integration across healthcare, fueling optimism for Omnicell and Tempus AI's Q3 performance.
Billionaire investors identify high-growth stocks and invest in companies that have the potential to keep growing.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 1.13% over the past five trading sessions after gaining 1.04% the five prior.
Gains so far this year have nearly tripled.
Nvidia stock was falling amid fears of a renewed trade war between the U.S. and China, and competition in artificial-intelligence chips.
In the latest trading session, Nvidia (NVDA) closed at $188.32, marking a +2.82% move from the previous day.
Nvidia CEO Jensen Huang sent a letter to staff expressing gratitude after Avinatan Or, an Israeli employee, was released from Hamas captivity following a U.S.-brokered ceasefire deal.