Nvidia shares have fallen approximately 24% from their October peak and are nearing a six-month low as investors reassess the company’s valuation. The decline comes despite strong revenue growth, particularly in its data-center segment. Investors are now questioning the durability of Nvidia’s growth and whether hyperscalers will sustain their artificial-intelligence spending. The company’s upcoming earnings report on November 17, along with hyperscaler orders and capital-expenditure outlooks, will be closely watched. U.S. export controls and Federal Reserve interest-rate signals could also affect the stock’s near-term performance.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
