Chip shares took a blow on Monday while recent pricing decisions continue to worry about investors in the recession of recession. Despite the Asset Administration attempts to minimize these concerns, investors are still not entirely convinced. In fact, Nvidia (NVDA) and micro Advanced devices (AMD) has seen significant reductions, while other flea manufacturers, such as Taiwan Semiconductor Manufacturing (TSM) And ASML HOLDING (ASML)also fell.
The decreases occurred even if President Trump said on Sunday that his planned prices would not have a significant impact on the economy. However, bond traders are still preparing for a potential recession by buying short -term treasury bills, which has lowered bond yields. Indeed, the yield in two years has decreased sharply over the past two weeks to 3.92%.
Interestingly, however, some analysts are more optimistic. In fact, Citi has really reaffirmed its upper prospects for the wider market by attributing a target of 6,500 for the S&P 500 (SPX) At the end of 2025. This would be equivalent to a rally of more than 15% of current levels. It will be interesting to see how things will take place, especially with regard to prices and if they will end up being used or not as negotiation tools rather than permanent economic policies.
Is NVDA a good stock to buy?
Overall, analysts remain optimistic about NVDA shares, with a high purchase consensus rating based on 39 purchases and three dates awarded in the last three months. In addition, the Average NVDA price objective of $ 177.41 per share implies an increase up of 65.6% compared to current levels.
