Baird downgrades Nvidia, cuts price target 60% on China curbs and AI demand worries

This story is from 2026-11-11. It is preserved in the archive; the latest stories are on the live feed.

Baird downgraded Nvidia on Wednesday and cut its price target by 60%, citing risks from US chip export restrictions to China and a potential slowdown in AI spending.

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2026-11-11 14:45 · Reuters AI
Baird downgrades Nvidia on China curbs, AI demand worries

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