![]() ![]() Sometimes, traders call it the sympathy effect. ![]() If you can peer into the pit of despair and buy shares when other traders are freaking out, though, then Nvidia (and, indirectly, AMD) may have just handed you the chip-market opportunity of a lifetime.ĪMD’s Warning Put Undue Pressure on NVDA Stock ![]() Thus, it will take a strong stomach and an iron will to dip-buy NVDA stock now. This is easier said than done, though, as emotions take over and roundly despised stocks don’t necessarily look like bargains during times of peak pessimism. In hindsight, it’s always obvious that you should have bought the shares that everyone else was panic-selling. You’ve heard the old saying: Buy when there’s blood in the streets. All in all, the market’s response seems overstated, and this opens up an opportunity for contrarian investors. However, Nvidia doesn’t anticipate that these rules will have a significant impact on the company’s business. rules restricting certain tech-component exports to China. This weighed heavily on Nvidia (NASDAQ: NVDA) stock, and so did new U.S. 7, Advanced Micro Devices (NASDAQ: AMD) issued a PC market and revenue warning that was so scary, it dragged the entire Nasdaq down. ![]()
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