Billionaire investor dumps $212 million of Nvidia stock
Nvidia(NVDA) Finbold·2024-11-26 18:32
Nvidia (NASDAQ: NVDA) shares slipped on Monday, shedding 4.18% to close at $136.02, breaking the critical psychological support level of $140. The decline follows news of a senior Nvidia executive meeting with Chinese officials, which has sparked concerns amid increasing geopolitical and regulatory risks.Amid this backdrop, Wall Street continues to set lofty expectations for Nvidia, forecasting 54% revenue growth for 2025. While demand for Nvidia’s chips remains robust, the stock’s elevated valuation leaves ...