NVIDIA Watch posted an update
Nvidia has lost more than $427 billion in market value over two trading sessions, then rebounded on Wednesday as AI-related shares recovered. The market move is a sharp measure of how concerns about AI spending and Jensen Huang’s future are landing with investors.
Why it mattersFox News says Baird downgraded Nvidia to neutral, citing uncertainty about data-centre spending in 2027, possible softer demand and questions about Huang’s leadership beyond next year. Morgan Stanley kept its overweight rating but acknowledged uncertainty around the chief executive. At about 11.45am ET on Wednesday, Nvidia shares were up 3.8%, according to the report, which cites the Associated Press; it also cites Reuters for analyst ratings. A rebound is welcome, but it is not the same thing as those worries disappearing.
Discuss: Should investors treat uncertainty about a chief executive as a serious risk to an AI company’s outlook, or focus on its business fundamentals?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.