Nvidia Just Got Its First Sell Rating From Wall Street -- Should Investors Be Worried?

The artificial intelligence chip king, Nvidia (NASDAQ: NVDA), has been on a long, dominant run for several years now. The company is seen as the best picks-and-shovels play in what could be a game-changing sector that impacts nearly all aspects of our daily lives. However, a tough run this year and recent export restrictions targeting China have now sprouted the first sell rating from a Wall Street analyst.Seaport Global Securities analyst Jay Goldberg recently downgraded Nvidia to a sell rating and issued a $100 price target, the lowest on Wall Street. Nvidia and the rest of the AI sector, as well as the entire stock market, certainly face a tough near-term macroeconomic outlook. Should investors be worried?Goldberg, in his research note, suggested that the upside from AI is "priced in for now." Goldberg is also bearish due to his belief that the company's biggest customers "are all looking to design their own chips," and "it's likely that AI budgets slow in '26."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool