1. NVDA stock declined 21.8%, yet a BUY rating is maintained. 2. Strong AI capex spending supports NVDA's current position. 3. Blackwell chips outpace Hopper in efficiency, crucial for AI models. 4. Investor sentiment is inconsistent with management's optimistic view. 5. NVDA's leadership in AI indicates significant upside potential.
Despite a recent price drop, the underlying fundamentals indicate resilience, much like past periods following similar declines when strong demand returned, particularly during AI booms.
The sentiment reflects critical support for NVDA amidst market volatility, with AI expansions indicating potential recovery.
Long-term impact expected due to sustained demand for AI technologies and future growth from the Blackwell chip series, paralleling historical trends after technological advancements.