AIUpdated 9h ago

Bernstein analyst downgrades Nvidia amid post-Huang uncertainty

The questions around Nvidia go beyond who will succeed Huang. Bloomberg points to uncertainty over whom the board will choose as CEO, possible government scrutiny of the company’s business practices—particularly in Asia—and whether uncertainty could spill over into AI labs and data-center providers. Stacy Rasgon, a managing director and senior analyst at Bernstein, is not optimistic about Nvidia’s near-term future and has downgraded its stock, Bloomberg reports. He sees a cloudy short-term outlook for the company.

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