"Nvidia's Stock Rally: Stalled or Set for $1,200? Expert Insights and Future Projections"
TL;DR Summary
The chairman of Renaissance Macro Research, Jeff deGraaf, has expressed concerns that Nvidia's stock rally may be at a standstill for several months due to the ongoing global chip shortage. DeGraaf believes that the company's stock may struggle to make significant gains until the chip supply chain issues are resolved, potentially leading to a period of stagnation for Nvidia's stock performance.
- Nvidia's rally has 'stalled' and could be stuck for months, says Renaissance Macro chair CNBC
- Nvidia’s stock could hit $1,200, this bull says. Here’s the key to that rally. MarketWatch
- Nvidia sell off not indicative of an AI bubble, Dan Ives says Seeking Alpha
- Nvidia shares continue to dip: Stock split on the horizon? Yahoo Finance
- Will Nvidia Be Worth More Than Apple by 2025? The Motley Fool
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
0 min
vs 1 min read
Condensed
-578%
9 → 61 words
Want the full story? Read the original article
Read on CNBC