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NVIDIA Faces Near-Term Pressure as Analysts Favor TSMC on Valuation

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The Story

News Summary

  • AI semiconductor stocks gained momentum in June.
  • While NVIDIA remains the undisputed AI computing leader, its stock fell 13.1% in June, leading analysts to rate TSMC as a more compelling near-term buy due to NVIDIA's high valuation, rising competition, and export restrictions.
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NVDA price history

218.29 +19.87% over the displayed period

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