Has the Time Come to Buy as NVIDIA's Share Price Drops 21% from Its Peak?
Is It Time to Buy as NVIDIA's Share Price Drops 21% from Its Peak?
via cnBeta.COM Chinese Industry Information Station - Telegram Channel
Telegraph
Is It Time to Buy as NVIDIA's Share Price Drops 21% from Its Peak?Is It Time to Buy as NVIDIA's Share Price Drops 21% from Its Peak? Currently, NVIDIA's share price has fallen nearly 21% from the recent high of $149.42 reached on January 6th. The reasons are the increasing competition from DeepSeek and the impact of the trade war. Vivek Arya from Bank of America Securities predicted in a research report on Tuesday that the tariff headwind could lead to a reduction of $15 - 20 billion in its revenue in China, casting a shadow over the company's financial report to be released on May 28th. Previously, NVIDIA has notified its most important customers in the Chinese market, including technology companies such as ByteDance, Alibaba, and Tencent, that the company is re - modifying the design architecture of its AI chips to comply with the latest export restrictions of the US government and insists...