Nvidia Stock To Fall 50% As AI Cycle Turns?
1. Nvidia's GPUs dominate AI model training, forecasted sales of $200 billion this year. 2. Stock valuation suggests high growth expectations, but vulnerability exists to demand shifts. 3. Historical declines indicate stock volatility during changing market conditions. 4. Inference market poses competitive risks from AMD and ASIC alternatives. 5. High client revenue concentration makes Nvidia sensitive to client purchasing behavior changes.