BUZZ-Nvidia stock falls as AI spending worries weigh at developer conference

Reuters
03-18
BUZZ-Nvidia stock falls as AI spending worries weigh at developer conference

** Shares of Nvidia NVDA.O dip 0.7% as the heavyweight chipmaker's annual software developer conference gets underway, with investors expecting CEO Jensen Huang to defend his co's AI dominance as pressure mounts on major customers to rein in their heavy spending on the technology

** NVDA's devcon comes after China's DeepSeek spooked U.S. markets in January with a competitive chatbot it alleged took less computing power than rivals to create

** Co to unveil new chip system, Vera Rubin, despite production delays with predecessor affecting margins

** NVDA stock down ~10% YTD, underperforming Nasdaq .IXIC which fell 7%

** NVDA ~21% below 52-week intraday high of $153.13 reached on Jan. 7

** Stock recently traded at 26x expected earnings, below 5-year avg forward PE of 40, per LSEG data

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10