Lates News

Institutions analysis warned that as skepticism towards artificial intelligence grows, Wall Street is increasingly concerned that the stock price of this chip giant will be dragged down regardless of the results of its earnings report this week. NVIDIA's stock has been trading sideways for several months, rising only 1.7% since the beginning of the fourth quarter of last year, slightly lower than the 3.3% increase in the S&P 500 index during the same period. NVIDIA's recent lackluster performance is largely due to investors' concerns over the tens of billions of dollars spent on artificial intelligence development, leading them to withdraw investments from large tech stocks. However, the stock market also faces various external risks such as geopolitical turmoil and reduced expectations of interest rate cuts. All of these factors leave NVIDIA in a delicate position when it releases its fourth quarter and fiscal year earnings on Wednesday. Investors are expecting its performance to exceed Wall Street's expectations and raise forecasts for the coming quarters. However, the company may have almost no actions or comments that can drive a meaningful increase in the stock price. NVIDIA's stock price has fallen after its most recent earnings reports.