I actually think $NVDA will be okay. The bear thesis is mostly centered on questions regarding the demand of the chips. Everyone seems to be spending on $NVDA though; Larry Ellison of Oracle was just speaking last week about how they need more chips. Same holds true for Elon Musk and Tesla/xAI.
As long as these big enterprises keep increasing their demand for Nvidia products, the outcome is likely going go be good for the share price.
Nvidia also has this lucky(?) habit of being in-demand for the “next big thing”. When bitcoin mining was huge, Nvidia was there. Now that AI is the talking track, Nvidia is also capturing that segment. Traditional gamers love their products too.
I own some Nvidia and would buy a bit more if the price drifts back down to the low $100s.
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Anyone who wants in on AI will need to become customers of NVDA. This means revenue will just keep growing as the market on AI has only just started.