There are 73 research analysts on Wall Street who cover Nvidia — but only one of them dares to have a sell rating on the stock. Seaport Research analyst Jay Goldberg is that bearish analyst, and he thinks that if the company’s China spy scandal ultimately costs Jensen Huang his role as Nvidia’s CEO, it “would be a mistake for everyone involved.”
With Huang’s ties to China under increasing scrutiny, “there is an organized political campaign against” the head of one of the most critical companies in the artificial-intelligence industry, Goldberg wrote in a note to clients.
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