Dan Ives views Nvidia's stock sell-off as a buying opportunity due to long-term growth prospects.

From Nasdaq: 2025-01-30 06:55:00

Investors fear losing money in the stock market, leading to hasty decisions. Nvidia’s stock recently plummeted by 16%, wiping out $500 billion in market cap due to concerns over Chinese start-up DeepSeek. However, analysts like Dan Ives see this as a buying opportunity, as Nvidia remains a key player in AI and other sectors.
DeepSeek’s alleged use of older Nvidia GPUs has sparked worries about the company’s future. However, Nvidia’s diverse business operations, including gaming and self-driving cars, suggest resilience. Despite potential challenges, Nvidia’s advanced architecture and upcoming products indicate long-term growth prospects. This could make the current stock price dip a favorable entry point for investors.



Read more at Nasdaq: Dan Ives Just Called the Nvidia Sell-Off a “Golden” Buying Opportunity. Here’s Why I Think He’s Absolutely Right