Nvidia handed downgrade on Jensen Huang and AI uncertainty
· Cairo time
Baird gave Nvidia a rare downgrade on Wednesday, as chief executive Jensen Huang's alleged affair with a Chinese spy casts doubt over his tenure.In a note, Baird analyst Tristan Gerra more than halved the chip maker's target from $500 to $200. Mr Gerra delayed his forecasts for data centres in 2027, saying supply issues are “mostly behind a potential slowdown, alongside potential demand softening”. AI hyperscaler capital expense could also slow…
