How Benzinga’s view on $NVDA changed

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NVDA bottoming out is viewed as a buying opportunity.

First one here on Nvidia. We talked about Nvidia yesterday. Nvidia isn't so expensive, but the crowded AI trade could unwind quickly and that is the warning of a fund manager.

More doom and gloom. We'll see. Nvidia ticker NVDA. Their stock edged higher in Tuesday's pre-market trading after falling 3.36% yesterday on Monday. The previous session's decline came as leaders at major artificial intelligence companies including anthropic and open AI called for a slower pace of advanced AI development over safety concerns.

The debate raised fears that slower AI development could eventually weigh on demand for chips and data center hardware.

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