"Nvidia's stock has entered a bear market, breaking the $170 support level and potentially heading towards $140, indicating a 15% decline from current levels."
"Criticism of DLSS 5 technology has emerged, with gamers expressing dissatisfaction over its perceived impact on video game art, calling it an 'AI slop filter.'"
"Despite impressive quarterly results and a $1 trillion GPU sales target, skepticism remains about Nvidia's long-term growth amid rising competition in AI chips."
Nvidia's stock has entered a bear market, breaking the $170 support level and potentially heading towards $140, indicating a 15% decline. Despite impressive quarterly results and a $1 trillion GPU sales target, skepticism remains. Criticism of DLSS 5 technology has emerged, with gamers expressing dissatisfaction over its perceived impact on video game art. Jensen Huang defends the technology, but backlash continues. The market is cautious about Nvidia's future amid rising competition in AI chips, raising concerns about long-term growth beyond 2026.
Read at 24/7 Wall St.
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