Nvidia Gets Rare Downgrade as Analyst Warns About Future Upside.

Nvidia Corp., a leading AI-focused chipmaker, has been downgraded by New Street Research analyst Pierre Ferragu due to concerns about the stock being "fully valued." Despite the downgrade, nearly 90% of analysts still recommend buying the stock. Nvidia's stock has seen significant gains in recent years, but Ferragu believes that additional upside will only come with an increase in the outlook beyond 2025. New Street Research is positive on Advanced Micro Devices Inc. and Taiwan Semiconductor Manufacturing Co Ltd., citing their growth trends and valuations. [Extracted from the article]