Nvidia stock remains under pressure but analysts see upside ahead

Nvidia shares fell 1.9% to $172.41 in early trading as renewed concerns over the Iran conflict weighed on investor sentiment. The news put pressure on Nvidia and other semiconductor stocks, generating a risk-off tone across the sector and driving modest single-digit moves in individual names.

Analysis

Nvidia shares fell 1.9% to $172.41 in early trading as renewed concerns over the Iran conflict weighed on investor sentiment. The news put pressure on Nvidia and other semiconductor stocks, generating a risk-off tone across the sector and driving modest single-digit moves in individual names.