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3 Artificial Intelligence (AI) Stocks That Went Parabolic Can Plunge by Up to 78%, According to Select Wall Street Analysts [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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The ability for AI-driven software and systems to learn and evolve over time without human intervention gives this technology utility in most sectors and industries around the globe. The rise of AI is why the analysts at PwC forecast a $15.7 trillion lift to the worldwide economy by 2030. However, previous next-big-thing innovations have consistently shown that not all participants will be winners, or at the very least sustain their parabolic moves higher. Although artificial intelligence has been a boon for a number of tech-driven companies, three AI-dependent highfliers can plunge by up to 78%, based on the price targets issued by select Wall Street analysts. Nvidia: Implied downside of 28% The first leading AI stock that went parabolic but could soon endure substantial downside, at least according to the prognostication of one Wall Street analyst, is semiconductor giant Nvidia (NASDAQ: NVDA) . Analyst Gil Luria of D.A. Davidson is looking for shares of Nvidia to hit $90, whi
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