The future of$NVIDIA (NVDA.US)$stock might not be as promising as its recent performance suggests, according to a prominent analyst.
What Happened:DA DavidsonanalystGil Luriahas cautioned that Nvidia's stock might not be able to sustain its meteoric rise due to a potential decline in demand for its GPUs, according to an interview on BNN Bloomberg.
Luria predicts that Nvidia's profits for the last quarter will exceed $25 billion. However, he foresees a long-term decline for the chipmaker as it faces increasing competition, even from its own major customers.
"The reason we're not quite as...
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