A slowdown in sales of graphics processing units could control gains for Nvidia, according to Citi. The bank has reduced its lens of courses on the darling of artificial intelligence to $ 150 per share, against $ 163. Citi has kept its purchase rating on action, and the new target reports 39%. Citi’s lower price objective occurs while the company has also reduced its overall forecasts for GPU sales in 2025 and 2026 by 3% and 5%, respectively, since it expects hyperscalers to slow out spending, which Microsoft has already done. “Our revised prospects are based on our expectations that the CAPEX for exercise 26 of MSFT will probably contract, instead of growing, following several reports that the company withdraws the projects of data centers,” said Atif analyst Malik. NVDA YTD Mountain Nvidia Stock in 2025. Increasing trade tensions can also lead NVIDIA gains, said Malik. “We expect Nvidia’s margins to be moderately affected by prices,” he said. There is “a higher risk of break in business investments in the midst of uncertainty around the global economy due to the current trade war”. “That said, the company should benefit from the exemption from the USMCA,” he added. NVIDIA fell by almost 20% in 2025, as part of a larger rout in the technological sector. The technological sector of the S&P 500 is down more than 17% of the year to date due to the pressure of President Donald Trump’s tariffs who have worried about a possible recession. Get your Pro Live ticket join us on the New York Stock Exchange! Uncertain markets? Win an advantage with CNBC Pro Live, an exclusive and inaugural event on the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert information is essential. As a CNBC Pro Auto, we invite you to join us for our first exclusive event and in person CNBC Pro Live in the emblematic NYSE on Thursday, June 12. Join the professional interactive clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You will also have the opportunity to network with CNBC experts, talents and other professional subscribers for an hour of exciting cocktail on the legendary soil. Tickets are limited!
Nvidia obtains the reduction in the Citi price target, citing Lower AI chip expenses
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