After losing nearly $1 trillion in market value in less than two months, Nvidia is trading at its cheapest valuation since the AI boom began. While investors remain cautious over competition and AI spending, strong fundamentals, attractive valuations and improving technical indicators have kept analysts optimistic about the stock's long-term prospects.
After losing nearly $1 trillion in market value in less than two months, Nvidia is trading at its cheapest valuation since the AI boom began. While investors remain cautious over competition and AI spending, strong fundamentals, attractive valuations and improving technical indicators have kept analysts optimistic about the stock's long-term prospects.
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