Global marketsUpdated 2h ago

Bernstein’s Stacy Rasgon downgrades Nvidia

Bloomberg’s account of Nvidia after Jensen Huang’s resignation is full of open questions, starting with who the board will choose as CEO. Bernstein managing director and senior analyst Stacy Rasgon has downgraded Nvidia and is not optimistic about its short-term future, describing the outlook as cloudy. The report also asks whether the government will crack down on Nvidia’s business practices, particularly in Asia, and whether uncertainty at the company could spill into the wider AI ecosystem, from labs to data-center providers.

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