To The Moon

Nvidia (NASDAQ:NVDA) was in the spotlight on Friday as Mizuho Securities upped its price target on the semiconductor company ahead of its fiscal second-quarter results, slated to be released later thi

Nvidia was rising early Tuesday, with the chip maker benefiting from a global rebound after the previous day's sharp selloff but also reassurances over potential delays to its next generation of chips.Nvidia shares were up 2.7% at $103.15 in premarket trading. The stock closed down 6.4% on Tuesday.Along with the wider market, Nvidia looked set to recoup some of Monday's losses when economic fears knocked the market. Technology stocks boosted by excitement over artificial intelligence were hit particularly hard.However, Nvidia's gains also could be down to Wall Street's general positivity over the company's ability to overcome reported manufacturing problems that could delay the shipment of some its next-generation Blackwell chips by several months."Nvidia's competitive position remains sound, and we don't expect any share loss from a minor delay ...We see Nvidia as best positioned in AI, benefiting from full stack AI hardware/software solutions," wrote Oppenheimer analyst Rick Schafer

Investors may be letting fear of the unknown keep them out of a great buying opportunity.