Why Two CNBC Panelists Were Very Bearish on Nvidia (NVDA) Stock

Two investors who appeared together on an episode of CNBC’s Fast Money last week both expressed pessimism about Nvidia (NVDA) stock and urged investors to sell the shares of the chip maker.

Guy Adami and Dan Nathan both had very negative takes on the chip giant’s outlook.

Is NVIDIA Corporation (NVDA) the Best Stock to Buy According to Billionaire Chris Rokos?

Adami is the Director of Advisor Advocacy at Private Advisor Group, while Nathan is the principal of RiskReversal Advisors.

Why Adami Was Bearish on NVDA

Although Nvidia held its low of around $90 recently, it “continues to trade poorly, ” Adami said. “I’d sell” the stock,” he concluded.

Why Nathan Was Bearish on NVDA

After Nvidia was prohibited from selling many chips to China by the Trump administration, Nathan believes that those unsold chips will “create a huge inventory problem” for NVDA.

Additionally, China was supposed to be “a huge” growth engine for NVDA, according to the investor, who noted that China had accounted for 13% of the company’s sales in 2024.

Nathan predicted that NVDA stock would ultimately fall 50% below its high.

The Recent Price Action of NVDA Stock 

In the last month, the shares have sunk 8.5%, while they are down 29% in the last three months.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

This article is originally published at Insider Monkey.