After $800 Billion Loss in Stock Value Can Jensen Huang grow Nvidia stock back to $3 Trillion
Jensen Huang's Nvidia lost $800 Billion in its valuation in less than 2 months. The amount is so big that its equal to the annual GDP of Switzerland. Nvidia is facing a lot of tough competition from chip makers. Take case of the Chinese Chip maker Huawei, whose new AI chip, Ascend 910C, is considered to be at same level as Nvidia's H100 chip. Then there is worries about revenue in AI companies which are the main reason behind Nvidia's growth and all this have scared the AI investors. On top of that, Nvidia's highly anticipated Blackwell GPU are now delayed by three months. All this caused Nvidia shares crash by 20% from its peak. There is still some hope as Jensen Huang is still in a position to navigate Nvidia back to it glory and take it to $4 Trillion valuation.
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