The future of NVIDIA Corp (NASDAQ:NVDA) stock might not be as promising as its recent performance suggests, according to a prominent analyst. What Happened: DA Davidson analyst Gil Luria has cautioned that Nvidia’s stock might not be able to sustain its meteoric rise due to a potential decline in demand for its GPUs, according to an interview on BNN Bloomberg. Luria predicts that Nvidia’s profits for the last quarter will exceed $25 billion. However, he foresees a long-term decline for the chipmaker as it faces increasing competition, even from its own major customers. “The reason we’re not qu…
