Nvidia’s stock gets swept up in software selloff, but this analyst says that makes no sense

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Nvidia's stock is experiencing a downturn due to a broader chip selloff, but a Bank of America analyst believes this is unjustified, drawing parallels to a previous instance where fears were proven unfounded.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The “indiscriminate” chip selloff is reminiscent of DeepSeek fears that were “proved unfounded,” a Bank of America analyst said.

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Original article published by MarketWatch on February 4, 2026.
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