While investors generally are worried about tariffs today, an HSBC analyst is more concerned about Nvidia’s pricing power and the sustainability of AI spending.

HSBC analyst Frank Lee slashed his price target from $175 to $120 as he downgraded Nvidia's stock from a buy to a hold. Lee believes Nvidia will struggle to continue raising prices on its cutting-edge artificial intelligence (AI) chips, pointing to the lack of a significant bump for the newest B300 and GB300 Blackwell hardware.

According to Nvidia, the Switch 2 has 10x the graphics performance of the original Switch and features DLSS, VRR, and ray tracing.

This week's Nintendo Direct provided much more info about the Switch 2 but didn't go too deep into the nitty-gritty details of what powers the console. That left NVIDIA, the Mario maker's hardware partner on the console's processor and GPU,

Nintendo has remained tight-lipped about the chip powering the Switch 2, but thanks to Nvidia we now have a better idea of what it is and the next-gen features it will support. Those include DLSS, ray tracing,