Nvidia stock drops due to disappointing data center sales, but analysts still recommend buying.

From Google: 2024-07-30 05:45:00

Nvidia stock plummeted after reporting disappointing data center sales, causing some Wall Street analysts to downgrade the stock. Despite this, others believe Nvidia remains a strong buy due to its dominance in gaming GPUs and potential growth in the artificial intelligence industry. Investors are advised to monitor developments closely.



Read more at Google: Nvidia Stock Plunges: Why Some Wall Street Analysts Think It’s Still a No-Brainer Buy – The Motley Fool