{"id":12497,"date":"2025-04-12T02:43:12","date_gmt":"2025-04-12T02:43:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/12497\/"},"modified":"2025-04-12T02:43:12","modified_gmt":"2025-04-12T02:43:12","slug":"nvidia-gets-price-target-cut-from-citi-citing-lower-ai-chip-spending","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/12497\/","title":{"rendered":"Nvidia gets price target cut from Citi, citing lower AI chip spending"},"content":{"rendered":"<p>A slowdown in graphics processing unit sales could keep gains in check for Nvidia , according to Citi. The bank cut its price target on the artificial intelligence darling to $150 per share from $163. Citi kept its buy rating on the stock, and the new target signals 39% upside. Citi&#8217;s lower price target comes as the firm also slashed its overall forecast for GPU sales in 2025 and 2026 by 3% and 5%, respectively, given it expects hyperscalers to slow down spending, which Microsoft has already done. &#8220;Our revised outlook is based on our expectations that MSFT&#8217;s FY26 capex will likely contract, instead of grow, following multiple reports the company is pulling back on data center projects,&#8221; analyst Atif Malik said. NVDA YTD mountain Nvidia stock in 2025. Rising trade tensions can also cap Nvidia gains, Malik said. &#8220;We expect NVIDIA margins to be moderately impacted by tariffs,&#8221; he said. There&#8217;s a &#8220;higher risk of pause in enterprise investments amid uncertainty around the global economy due to ongoing trade war.&#8221; &#8220;That said, the company is likely to benefit from the USMCA exemption,&#8221; he added. Nvidia has pulled back nearly 20% in 2025, as part of a larger rout of the technology sector. The S &amp; P 500 tech sector is down more than 17% year to date due in part to pressure from President Donald Trump&#8217;s tariffs that have stoked concern over a possible recession. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today&#8217;s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You&#8217;ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!<\/p>\n","protected":false},"excerpt":{"rendered":"A slowdown in graphics processing unit sales could keep gains in check for Nvidia , according to Citi.&hellip;\n","protected":false},"author":2,"featured_media":12498,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3163],"tags":[323,1942,3085,3327,8572,1831,53,16,15],"class_list":{"0":"post-12497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-business-news","11":"tag-investment-strategy","12":"tag-nvidia-corp","13":"tag-stock-markets","14":"tag-technology","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114322696245917247","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/12497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=12497"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/12497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/12498"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=12497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=12497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=12497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}