After the biggest plunge in over four years, analysts are calling for bottom fishing in NVIDIA: the demand outlook is promising
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After the sharp drop in NVIDIA's stock price, analysts believe that the demand outlook is positive. NVIDIA has visibility on orders from hyperscale cloud providers and tier-2 cloud providers until October. The upcoming Blackwell series is expected to drive double-digit growth by the end of this year and throughout 2025. The stock prices of AMD and Dell Technologies have also been affected, but analysts believe that NVIDIA's supply and demand situation is relatively balanced, so investors need not worry. The demand outlook for NVIDIA is promising
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