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Nvidia Rebounds Even Amid Middle East Tensions; Is Nvidia A Buy Now?

Nvidia fell 3.6% on Tuesday as tensions in the Middle East escalated with a missile attack on Israel, and investors fled to safe haven assets. The stock fell 2% on Friday after reports from Barron's that China was trying to boost local AI chip makers and urging local companies to avoid Nvidia chips. China accounted for 11% of Nvidia sales in the first half the fiscal year ending in January. Read More...

Nvidia fell 3.6% on Tuesday as tensions in the Middle East escalated with a missile attack on Israel, and investors fled to safe haven assets. The stock fell 2% on Friday after reports from Barron’s that China was trying to boost local AI chip makers and urging local companies to avoid Nvidia chips. China accounted for 11% of Nvidia sales in the first half the fiscal year ending in January.

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