Nvidia Stock Downgraded Again Before Fiscal Q3 Report

investors.com —

Nvidia stock received its second Wall Street downgrade this week ahead of its fiscal Q3 earnings report, amid an ongoing scandal involving the AI chipmaker. The analyst action adds to negative sentiment surrounding the company, which faces heightened scrutiny as investors await its upcoming financial results. The downgrade follows a separate reduction earlier in the week. Nvidia has been a dominant player in the AI chip market, but recent controversy has raised concerns about its near-term outlook. The company's fiscal Q3 report is expected to provide further clarity on its performance.


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