$NVIDIA Corp(NVDA)$ Based on price action of Nvidia after the quarterly earnings release, Nvidia has hit a near term peak. Instead of gapping up on Wednesday, the price went into a slide ever since.

Headwinds includes chip export restrictions to China, competition from other chip makers, and overstretched valuations. The price have to come down significantly to reflect the changing business environment.

# Has Nvidia peaked or not?

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