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Recently, Nvidia's stock price has plummeted significantly, dropping more than 10% from its recent historical high. This has also raised concerns among many investors whether Nvidia's upward trend has come to an end. But Bank of America is clearly confident in Nvidia's prospects. They stated in the report that investors do not need to worry about Nvidia's recent decline, as the chip giant is still dominant in the market, which is enough to dispel concerns from other factors.
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