Analysts Pile Into NVDA Stock With Price Raises
Despite the robust Q3 print, NVDA stock conspicuously suffered a dip following the results. Per CNBC, some analysts pointed to demand sustainability concerns, particularly the aforementioned export restrictions. Notably, management remarked that the company will feel a negative impact from the policy decision in the current quarter.
Also, a general concern exists about how much speculative fuel can drive NVDA stock. As the business news outlet pointed out, Nvidia shares have more than tripled so far this year. With a year-to-date performance of over 240% at time of writing, NVDA is easily the hottest-running security in the S&P 500.
$NVIDIA (NVDA.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$
$NVIDIA (NVDA.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$
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kankan2 : Please tell me! I don't think the title and text match! It says that the financial results for Q4 are going to get worse!
BrandonnW OP kankan2 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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181301798 : Due to the government's restrictions on semiconductors to China, it seems that sales of semiconductors to China will certainly drop!
, if we do that, there will only be negative effects on each other's interests 
However, for other countries, demand seems to be a drag at all, so I think we can cover that part without problems! However, I think there will be damage if regulations continue against China for a long time to come, but I don't think the Chinese government will be silent if that is done, and it seems that they will also impose pretty strong regulations on all other American companies such as Apple and Microsoft