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Nvidia's recent stock selloff appears to be driven by factors unrelated to its performance. Despite the decline, the US chip-making giant's large customers continue to plan significant investments in its chips and software. Analysts, including John Foley, suggest that the only real threat to Nvidia is complacency among investors.
Nvidia looks like a bargain compared to some of the biggest companies in the Middle East. Here's why 🔽 https://t.co/mHtbvg0ycQ
From @Breakingviews: Nvidia stocks are tumbling, but the only thing for the investors to fear is the lack of fear, explains @johnsfoley https://t.co/Ntc2y2TVU7
From @Breakingviews: A selloff in Nvidia's stock looks to have little to do with its performance. The US chip-making giant's large customers still plan to spend huge sums on its chips and software. If there’s a longer-term threat, it's complacency. @johnsfoley has more https://t.co/oM6jHMHmbF