Nvidia (NVDA) stock price is down almost 60% year-to-date as investors have seen a pullback in crypto mining and gaming. “There are also geopolitical headwinds as the U.S. government does not want China to have the technology that Nvidia produces. Tailwinds for Nvidia include high-tech car demand, cloud services, autonomous vehicles, and gaming. All of these mentions on social media are up year-over-year. Additionally, the GeForce brand mentions count are up 75% year-over-year,” says LikeFolio’s Megan Brantley. Tom White and Kevin Hincks weigh in on Nvidia (NVDA) new technologies and services that could bring the stock price higher.
Fast Market
07 Oct 2022
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