Nvidia: Buy Any Dip Before The Earnings Report

Summary:

  • The delay in Blackwell GPU shipping in addition to top customers already seeking alternatives to Nvidia’s chips has certainly emboldened the bears to call the top for Nvidia Corporation.
  • The bulls argue that this delay will simply be filled with demand for Nvidia’s previous generation chips, namely the H200 GPUs.
  • Though, the real battleground is on the software side, with challengers seeking to use any setback to catch up to Nvidia’s CUDA moat.
  • While this will be a steep uphill battle for challengers, it does plant the seeds of weakening pricing power for Nvidia going forward, undermining future revenue growth and profitability.
  • We discuss in a simplified manner how the tech industry is progressing in challenging Nvidia’s moat, and the stock price potential ahead.

Nvidia Holds Its GTC: Artificial Intelligence Conference

Justin Sullivan

NVIDIA Corporation (NASDAQ:NVDA) stock saw a steep correction of around 27% recently, though it has now recovered most of those losses. The reversal of the yen carry trade and the delay in Blackwell GPU shipping in addition to top


Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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