From Barchart: 2025-01-07 09:46:16

The hedge fund manager predicts a 90% crash in shares of Nvidia due to declining demand for data center chips. This forecast is based on concerns about the company’s exposure to data center sales, which account for a significant portion of its revenue. The manager argues that Nvidia’s high valuation is unsustainable given the potential challenges in the data center market. However, Nvidia has reported strong financial results in recent quarters and continues to innovate in areas such as artificial intelligence and gaming. Investors will be watching closely to see how this prediction plays out.



Read more at Barchart: Nvidia Stock Warning? This Hedge Fund Manager Thinks NVDA Will Fall to $50 in 2025