Investment Opportunities from Analysts' Perspective

NVIDIA Corp (NASDAQ:NVDA) is standing out with one of the most noteworthy analyst comments of recent times. Patrick Moorhead from Moor Insights & Strategy addressed the wave of sales originating from China following President Trump's tariff announcements at the beginning of October. Moorhead stated that these sales were an overreaction and mentioned that NVIDIA had eliminated its revenue forecasts from China for the future.

Moorhead said, "I think this is a completely overblown reaction. If we take the example of NVIDIA Corp (NASDAQ:NVDA), the company has zeroed out its revenue predictions for China in all future estimates. However, this is an irrational emotional reaction. I understand companies like Apple that do a large portion of their production in China. But for NVIDIA Corp (NASDAQ:NVDA) and especially AMD, this situation is definitely nonsensical."

Moorhead's forecast turned out to be correct; NVIDIA's shares continued to gain value despite the tensions with China. This situation eased following the meetings between Trump and Xi Jinping in South Korea. After the meeting, Trump stated that NVIDIA wasn't mentioned in discussions with its Chinese counterpart.

While we acknowledge NVIDIA's investment potential, we believe some artificial intelligence stocks have made a greater promise in terms of providing higher returns and carry limited downside risk. If you are looking for a highly affordable artificial intelligence stock and want to see how these stocks have greatly benefited from Trump's tariffs and relocation processes, check out our free report on the best short-term artificial intelligence stocks.