![]() ![]() On October 7, new restrictions were imposed on chipmakers, including NVDA, to prevent technology from advancing China’s military power. NVIDIA Corporation ( NVDA ) provides graphics, computation, and networking solutions globally. Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are better investments than NVDA. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand.
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