Nvidia (NVDA) shares are slipping on Nov. 11 after the Japanese multinational investment holding firm, SoftBank (SFTBY), confirmed it has sold its entire stake in the AI chip giant for $5.83 billion.
However, Citi’s senior analyst Atif Malik recommends buying NVDA on the pullback, saying it’s headed for $220 in the near term, indicating potential upside of another 15% from here.