Nvidia (NASDAQ:NVDA) has had an underwhelming start to 2025, as the AI chip giant grapples with a mix of unfavorable macro developments and

Just weeks after hovering at an all-time high, the Nasdaq has plunged and is now in a correction. Nvidia stock has lost nearly 30%, giving up roughly $1 trillion in market value. The sell-off is shaping up to be a good buying opportunity for the AI chip leader.

BofA reiterates a Buy rating and $200 price target on Nvidia (NVDA), telling investors that shares are trading “at a very compelling price”