Nvidia (NVDA) shares are taking another hit today as last week’s losses spill over. This is due to concerns about artificial intelligence

Labeling NVDA stock a “top pick on AI dominance,” Bank of America increased its price target on the shares to $200 from $190. The bank believes that the chip maker’s data center business, whose revenue reached record levels in Q4, can benefit from ” strong, long-term demand dynamics.”

What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 7.9% in the afternoon session after market volatility continued, with the stock seemingly affected by the broader downturn as the Nasdaq declined 1.

We recently published a list of 10 Best Magic Formula Stocks for 2025. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other best magic formula stocks for 2025.