Nvidia’s stock valuation is facing a significant downturn, nearing its lowest point since the beginning of the artificial intelligence era, according to Odaily. This decline is fueling investor caution, raising concerns about potential buying opportunities. Recent losses stemming from chip trade restrictions have added to these worries, particularly highlighting the possibility of slowed AI-related spending. The escalating trade war further casts a shadow over broader economic growth prospects. Krishna Chintalapalli, portfolio manager and technology sector head at Parnassus Investments, shares his perspective that the outlook is less promising than previously anticipated, requiring additional assumptions regarding tariffs, large-scale enterprises, and macroeconomic factors. Although he sees reasonable value in the stock’s valuation, Chintalapalli warns that investing now might be a gamble on substantial AI demand. Despite these efforts to invest in AI, such investments have historically tended to grow at a slow pace, making it difficult to predict their rate of investment given the unpredictable nature of macroeconomic and trade policies.