Business & Finance
Nvidia Gets Rare Downgrade as Baird Raises CEO Uncertainities
Key Points
Nvidia Gets Rare Downgrade as Baird Raises CEO Uncertainities Wall Street sentiment toward Nvidia Corp. is starting to crack, as an investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy is sowing doubt over the the artificial intelligence chipmaker’s prospects. Days after Huang’s shocking disclosure in a memo to the company’s employees, Baird downgraded the stock to neutral while Morgan Stanley removed Nvidia as a Top Pick.
Nvidia Gets Rare Downgrade as Baird Raises CEO Uncertainities
Wall Street sentiment toward Nvidia Corp. is starting to crack, as an investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy is sowing doubt over the the artificial intelligence chipmaker’s prospects.
Days after Huang’s shocking disclosure in a memo to the company’s employees, Baird downgraded the stock to neutral while Morgan Stanley removed Nvidia as a Top Pick.