NVIDIA Corporation (NASDAQ:NVDA) is headquartered in Santa Clara, California, operating as a provider of graphics, cloud computing, semiconductors, and networking solutions in the United States, Taiwan, China, and internationally. Goldman Sachs analyst Toshiya Hari on July 15 lowered the price target on NVIDIA Corporation (NASDAQ:NVDA) to $166 from $192 and reiterated a Neutral rating on the shares. The analyst slashed estimates and targets across the semiconductor space to account for "continued deterioration in the macro/operating environment and recent industry data points". The analyst cut 2023 earnings forecasts for semiconductor and semiconductor capital equipment names by 20%, and now his 2023 estimates are 22% and 27% behind Street consensus, respectively.