Nvidia’s stock price plummeted after a highly anticipated CES keynote from CEO Jensen Huang, who promised significant advancements in robotics and AI. However, investors were left underwhelmed, leading to the company’s worst day since September 3.
Huang recently spoke with Yahoo Finance’s Dan Howley about his vision for Nvidia’s future, but the comments failed to impress investors. The stock has notched its largest decline since January 7.
Tech analyst Dan Ives weighs in on whether Nvidia’s stock deserved such a drastic drop and if Huang’s comments on delayed quantum computing usage warrant the pullback in stocks like Rigetti Computing.
Source: https://finance.yahoo.com/video/why-nvidias-stock-still-ai-141738814.html