‘Nvidia Stock Could Fall to $76 per Share,’ Says Piper Sandler
Earlier today, Piper Sandler warned that Nvidia (NVDA) could lose up to 6.45% of its important data-center revenue if companies cut back on spending. This could mean about $9.8 billion in lost revenue if corporate capital expenditures shrink and demand from China stays weak. Indeed, five-star analyst Harsh Kumar explained that in the worst-case scenario, […]