---
title: "Nvidia Slips Into Bearish Trend As HSBC Downgrades AI Giant"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/234567584.md"
description: "Nvidia's stock has entered a bearish trend, down 26.4% year-to-date, as HSBC downgraded it from bullish to neutral, reducing its price target from $175 to $120. The stock is trading below key moving averages, with bearish signals evident in its chart. While long-term growth potential exists in AI and autonomous vehicles, HSBC warns of limited near-term upside due to slower GPU pricing growth and a transition phase ahead of the next-gen Vera Rubin platform."
datetime: "2025-04-04T12:15:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234567584.md)
  - [en](https://longbridge.com/en/news/234567584.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234567584.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/234567584.md) | [English](https://longbridge.com/en/news/234567584.md)


# Nvidia Slips Into Bearish Trend As HSBC Downgrades AI Giant

**Nvidia Corp** NVDA is no longer riding the AI euphoria wave. The semiconductor giant has slipped into a strongly bearish trend, with its stock price sinking 26.4% year-to-date and trading well below key moving averages.

Investors who once saw Nvidia as untouchable are now watching as selling pressure mounts and analyst sentiment cools.

## Nvidia Stock Chart: Bearish Signals Everywhere

_Chart created using Benzinga Pro_

Nvidia’s stock chart is flashing warning signs. The stock trades at $96.97, trailing below its eight-day ($107.82), 20-day ($113.117), 50-day ($121.36) and 200-day ($127.08) simple moving averages.

The Moving Average Convergence Divergence (MACD) sits at a negative 5.10, reinforcing the bearish signal, while the Relative Strength Index (RSI) hovers at 30.03 – is dangerously close to oversold territory.

**Read Also: As Nvidia, Apple And Other Mag 7 Stocks Wipe Out Over $1 Trillion In Investor Wealth On Thursday, Top Analyst Warns Of ‘Economic Armageddon’ For Tech Sector If Current Tariffs Remain**

## HSBC Pulls The Plug On NVDA's Upside

HSBC isn't buying into the Nvidia hype, at least for now. The firm downgraded Nvidia stock from bullish to neutral, slashing its price target from $175 to $120, reported Investing. While Nvidia's AI-driven revenue growth remains strong, HSBC sees limited near-term upside.

Slower GPU pricing growth and a transition phase ahead of Nvidia's next-gen Vera Rubin platform could weigh on momentum.

## What's Next For Nvidia?

With NVDA stock under pressure, investors are wondering if a turnaround is on the horizon. AI, robotics and autonomous vehicles remain long-term catalysts, but HSBC warns that meaningful revenue from these sectors may take time. For now, Nvidia bulls might need to buckle up—this ride could get bumpier before it gets better.

**Read Next:**

-   **Elon Musk, Mark Zuckerberg And Jensen Huang See $34 Billion Wiped Out In A Single Day: Here’s How Much Other ‘Magnificent 7’ Billionaires Lost After Trump’s Liberation Day**

_Photo: Shutterstock_

### 相關股票

- [NVIDIA (NVDA.US)](https://longbridge.com/zh-HK/quote/NVDA.US.md)
- [HSBC Holdings Plc (HSBA.UK)](https://longbridge.com/zh-HK/quote/HSBA.UK.md)

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