"Nvidia Stock Faces Friendly Competition Amidst Market Downturn"

Analyst Gil Luria predicts that Nvidia's stock, which hit a record high in March, could face a downturn by 2026 due to market and technology trends. While he expects a strong performance in the short term, Luria warns that Nvidia's dominance may not last long as its top customers, such as Microsoft, Amazon, and Google, are developing their own custom chips, potentially reducing Nvidia's market share and threatening its revenue margins in the long run.