NVIDIA Corp. shares plunged by -2.64% recently, affecting a one-month loss of -16.52% and year-to-date of -15.86%. As the company approaches its annual GPU Technical Conference, investors remain focused on its upcoming AI products and CEO Jensen Huang's keynote. With NVIDIA having gained over 31% in the last year, they faced this correction despite strong earnings in Q4. Analysts consider this drop an opportunity to invest, noting NVIDIA's key position in the AI market and expectation of significant long-term growth, following remarkable past performance even amidst market volatility.
Despite losses, NVDA remains up over 31% in the past year, driven by AI and key components but facing near-term corrections ahead of GTC.
NVIDIA's impressive stock performance of nearly 1,776% over five years underscores its critical role in the AI market and analysts anticipate further growth.
Collection
[
|
...
]