Baird downgrades Nvidia on CEO Huang worries, AI uncertainty – CNBC TV18

The investment bank moved its rating on the stock to neutral, and slashed its price target.

\n\n

A potential drawdown in artificial intelligence-related capital expenditures by hyperscalers and worries about whether CEO Jensen Huang will remain at the company led Baird to downgrade Nvidia on Wednesday.

\n\n

Get up close and personal with the voices shaping markets and driving India’s business narrative.

\n\n

Step inside CNBC-TV18’s state-of-the-art studio in Mumbai — where markets are tracked in real time and stories of business and finance come to life

\n\n

Unlock Global Business and Financial News, Stock Quotes, Market Insights into how Wall street’s Biggest Players are positioning themselves.

Original source: https://www.cnbctv18.com/technology/

Leave a Reply

Your email address will not be published. Required fields are marked *