Nvidia, a big tech company that makes computer chips, had a bit of a rollercoaster week! Its stock price went down a lot on Monday because of worries about new rules on selling chips to China. But then, some smart people who watch the stock market (analysts) still think Nvidia is a good investment. They believe the company's future looks bright, even with some challenges.
- Nvidia makes chips used in powerful computers, especially for artificial intelligence (AI).
- New rules about selling chips to China worried investors.
- Despite the worries, some analysts still think Nvidia stock is a good buy.
Fact | Number/Prediction |
---|---|
Nvidia Stock Price Drop (Monday) | 8.7% |
Nvidia Stock Price Rise (Tuesday) | 1.7% |
Analyst Price Target (Wedbush) | $175 |
Analyst Price Target (Bernstein) | $185 |
Analyst Price Target (Citi) | $163 |