Nvidia Foresight: NVDA breaking the longest decline since 2022 remains to be verified
Nvidia will release a financial statement on 26 August, after six consecutive days of stock price decline, the longest since 2022. On Friday, Nvidia collected $214.75, a decline of about 4.7 per cent since 13 August. Despite the relatively moderate drop, continued sales have been particularly prominent after AI stocks helped boost the technology plate. Nvidia expects to receive approximately $91 billion in the second quarter, and analysts generally agree that Bank of America maintains the target price of $350. Nvidia recently worked with Apollo, BlackRock and Blackstone to mobilize over $500 billion in third-party capital for AI infrastructure. Investors will be concerned about whether Nvidia can continue to expand at an alarming rate without taking too much financial risk。
