Why Nvidia Stock Slumped Tuesday Morning

Category: Finance

Nvidia's stock experienced a decline of up to 6% following a record high, influenced by overall market weakness and recent product announcements at CES. CEO Jensen Huang unveiled new AI-powered gaming GPUs, the Cosmos platform for AI applications, and AI Blueprints for developers. Despite the recent dip, analysts believe Nvidia's stock has significant growth potential, with a market cap projected to exceed $4 trillion in the next 12 to 18 months, making it a favorable investment.

Keywords: Nvidia, stock market, AI technology

Source: Motley Fool

Update At: 1/8/2025

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