To The Moon

It's necessary either for future production capacity increases to be outstripping future orders, or maybe also for Nvidia to be shipping product in excess of the orders being received. Or, given the extreme drop in lead times , likely both. Now, remember that shipments on a given quarter are satisfying both backlog and new orders. If lead times drop to the point where backlog disappears, then shipments would fall to just new orders, which are highly likely to be lower than backlog + new orders. This, in turn, would mean that in the quarter Nvidia eliminates its lead times (or just gets clos

Over the long term, NVDA stock will be tremendously boosted by multiple, positive, non-cyclical catalysts.