Nvidia Stock Is Set for Its Worst Month in a Year. Time to Buy the Dip. — Barrons.com

What happened

Nvidia stock fell 3% on Friday and is set to end October down more than 9%, its worst month in a year, as chip stocks sold off on worries about debt and whether artificial-intelligence spending can last.

Confirmed

Global impact / market context

Weak cash flow at Amazon and Intel made investors question whether big technology companies can keep funding artificial-intelligence spending, which drives demand for Nvidia chips. If that spending slows, Nvidia's revenue growth and profit per sale could come under pressure, hurting a stock valued on high expectations.

Analyst inference

Despite the drop, 96% of analysts surveyed by FactSet rate Nvidia a Buy, with an average target price of $334. That gap between falling prices and bullish analyst views suggests investors are debating whether the selloff reflects real risk or temporary fear about chip sector debt.

Analyst inference

What to watch

1. Nvidia stock is trading at its lowest levels since early August and is down just 11% in 2026 so far, on track for its worst first 10 months of a year since 2022. Confirmed
2. Barron's suggests investors who liked Nvidia a month ago should still like it today, framing the dip as a buying opportunity rather than a reason to sell the stock. Proposed
3. Watch whether Amazon and Intel cash flow concerns spread to other chipmakers, since further earnings disappointments could deepen the sector selloff and pressure Nvidia shares toward the $334 analyst target. Analyst inference

Affected assets

• OP — Optimism

Evidence

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