$NVIDIA Corp(NVDA)$ We can't d

2023-10-20

$NVIDIA Corp(NVDA)$ We can't deny that the introduction and rise of artificial intelligence has contributed significantly to the semi-conductor industry. However, no matter how high the stock has risen, it will have to take a deep breath or shallow breath for a break/rest. Over the past months, NVDA has risen tremendously. In fact, the stock price has overstretched and is way above its intrinsic value. I believe that it is very normal for NVDA share price to retrace or pull-back. If I am investing in NVDA, I will prefer to buy when it is undervalued and finding a support level.

Is NVDA a good buy or goodbye after chip export curbs?

Due to export curbs on the A800 and H800 chips, Nvidia fell 8% in the past two days. ------------- How will the chip export curbs affect Nvidia's financials? Does Nvidia enter the buying zone? Have you bottomed Nvidia yesterday? At what price will you buy Nvidia?

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