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05-30

Analysts remain bullish with price targets as high as $190, citing Nvidia's AI dominance and strong demand for Blackwell chips. The company expects 50% revenue growth next quarter, even with $8 billion in projected China sales losses.

Unlike August 2024's China-driven selloff, Nvidia now has diversified growth from cloud providers, AI inference, and sovereign AI deals. Huang's sale appears to be pre-planned rather than a sign of concern - he recently called this a "powerful new wave of growth." Short-term risks include geopolitics and export controls, but with $53.7 billion in cash and leadership in AI hardware/software, Nvidia looks positioned for long-term success.

Waiting Game: Nvidia at Highs, Add at $170 or Wait $150?
Nvidia’s Q2 revenue rose over 55%, but revenue in China dropped sharply by 24%, wiping out $93B in market value. After the last earnings report, Nvidia pulled back and consolidated before breaking to new highs, eventually climbing to $180. This time, the earnings aren’t actually bad — the recent surge just front-loaded the gains. 1. Is $170 the start of Nvidia’s new bull market, or should we wait for a pullback to the $150 support level? 2. What’s your choice — is it ever too late to buy Nvidia? 3. How will AVGO affect Nvidia stock price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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