The chipmaker's shares plunged earlier this month, and the bank says the selloff is a buying opportunity. CNBC takes a look at what's behind its bullish view.
Shares of chipmaker Nvidia fell sharply earlier this month after the U.S. government announced new restrictions on exporting advanced artificial intelligence chips to China. But one bank says the selloff presents a buying opportunity for investors. Investment bank Itau BBA's analysts believe the new export controls could reduce Nvidia's revenues from China by about 10% in 2025. They estimate that that could reduce the company's earnings per share that year by a similar amount.
This biotech stock is set to nearly quadruple on the back of its advanced gene therapy products, says Cantor Fitzgerald
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