Nvidia Stock Stumble Continues. What's Holding the AI Chip Maker Back.
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Nvidia's stock has been trading sideways for over a month due to geopolitical tensions, high market expectations, and advancements by competitors.

December 16, 2024 | 11:00 am
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Nvidia's stock has been stagnant for over a month, influenced by geopolitical issues, high expectations, and competition.
Nvidia's stock performance is affected by external geopolitical factors, which can create uncertainty. Additionally, high market expectations may lead to pressure on the stock if not met. Competitors' advancements also pose a threat to Nvidia's market position, contributing to the sideways trading pattern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100