The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) closed down 6.33% at $3.48 on December 20, as Nvidia's stock faced significant pressure amid concerns over cooling AI demand and heightened competition. Analysts have warned that Nvidia could potentially see a 50% drop in its stock price due to diminishing returns in AI model training and increased competition from companies like AMD and Intel. The market is also reacting to Nvidia's forward P/E ratio concerns, with expectations that the company's growth may not sustain its current valuation. Additionally, Nvidia's gross margin has already seen a decline from 78% to 74.5% over the last two quarters, raising further concerns about its ability to maintain profitability.