Nvidia, AMD Stocks Present 'Tremendous Opportunity' After Recent Losses, Analysts Say
Recent Losses Could Be an Investment Opportunity
Recent losses for Nvidia and Advanced Micro Devices (AMD) shares might be a golden opportunity for investors to buy the dip, according to analysts from Piper Sandler. Both chipmakers are expected to reap significant benefits from the booming demand for artificial intelligence (AI) chips.
No 'Meaningful' Impact to Nvidia Expected From Potential AI Chip Delay
Nvidia's Blackwell AI chip production remains on track, the company said. Despite reported delays, Piper Sandler analysts believe there will be no significant impact on Nvidia's long-term growth and opportunities in the AI chip market.