ChipsQuartzabout 1 hour ago
Gerra downgrades Nvidia stock to neutral
2 min read
Analyst Gerra cut his Nvidia price target to $200 from $500, citing CEO Jensen Huang's personal scandal and potential U.S. chip export bans. Nvidia stock slid roughly 10% to $168.89. This downgrade is rare, as 94% of tracked analysts still rate the chipmaker a buy despite the leadership uncertainty and projected $5 billion write-down.
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