HLPA
2023-10-18

$NVIDIA Corp(NVDA)$ The state of current US-China relations is a never ending tug-of-war. Just last week, it was reported that US has warmed up to China and the former hoped that China would adhere to world oder and regulations. Now comes Biden with this ban on sale of high- end Nividia (NVDA) chips to Chima. The US move is a bad move as it only would hurt the US more than intended China. As if the US doent know iy already, China does not need the US but the US needs Chima more. When the US wakes up to that reality, the US would try to win China's favour yet again. 

Hence this huge drop in NVDA share price is a godsend move for investors indeed. NVDA is the number one producer of high-end chips for the companies wanting to seize a part of the artificial intelligence pie. So when US-China tic-tat ends and relationship reumes to normalcy, you can be sure NVDA share price would shoot up to the high 460ish again. 

Yes, do make dipping buys and wait patiently for this US madness of a move to end and you would be rich if you pick up NVDA shares now at their lows. Things always come in a full circle sk I believe NVDA would regain its billions lost in market cap the past two days.

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

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  • BorgPetty
    ·2023-10-18
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    I believe that Nvidia will not fall like a leaf. For today, I expect another test of resistance at the level around 425-430$, but then a rebound to the $439-444 resistance zone, and maybe more, and only then a new decline, if such happen at all.

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  • koolgal
    ·2023-10-19
    TOP
    It's time to bargain hunt Nvidia!  What would be your Target price to buy?
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    • koolgal: 
      Thanks for the tip. 😍😍😍
      2023-10-19
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    • HLPA: 
      420
      2023-10-19
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  • MalcolmEmily
    ·2023-10-18
    TOP

    Brace for more bad news as China is now going to restrict access to base materials needed to build chips.... NVDA will end up making 4B in revenue in 2025 and a valuation of 30B.

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  • WernerBilly
    ·2023-10-18
    TOP

    Back to back -20 days anyone sell the 460 calls for $10 with me

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  • AugustineMac-
    ·2023-10-18
    TOP

    It's hard to estimate the impact of banning export to China on the stock price, I am staying out until earnings give more clarity

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  • HardyJenny
    ·2023-10-18
    TOP

    NVDA was not banking on China as its only or largest market. It has wide depth and breadth of consumer use. Things will be turbulent.

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  • GriseldaBrown
    ·2023-10-18

    Politics on a stock board? Why is that?

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    • HLPA: 
      politics impacts on stocks
      2023-10-19
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  • Aqa
    ·2023-10-19
    Long now. Thanks. Liked and shared. 👍🏻
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