Nvidia, the nearly $3 trillion AI chip maker, is well known a “golden handcuffs” employer. Expect long hours, screaming-match meetings, a CEO who believes he should “torture” his employees into greatness — your standard tech startup-turned-juggernaut nightmare.

Bank of America analysts maintained their $165 price target for Nvidia stock despite the post-earnings slide and regulatory fears, indicating belief shares can rise more than 50%.

Longer-term investors in Nvidia have reason to take notice of the stock’s recent volatility, but they still have no reason to really worry, much less take action, because it remains within the friendly confines of an uptrend.

Nvidia's shares recouped earlier losses to trade higher on Wednesday, propping up chip firms after a bruising sell-off in the prior session, in a sign that AI optimism on Wall Street held out despite concerns around the stocks' lofty valuations.

On Tuesday, around $279 billion of value was wiped off of Nvidia. That was the biggest one-day market capitalization drop for a U.S. stock in history.

Shares fell globally on Wednesday, hit by a drop in tech stocks sparked by a record sell-off for U.S. chipmaker Nvidia.