Nvidia: False Narrative Mistake

(8min)

Summary

  • Nvidia's growth remains robust despite missing China sales, with strong guidance for the July quarter and resilient demand for AI chips.
  • The China sales hiccup is potentially temporary; policy changes or future opportunities in the Middle East could restore lost revenue, making current concerns overblown.
  • Nvidia's AI ecosystem is expanding beyond GPUs, with NVLink and network sales signaling diversified growth.
  • The stock only trades at 30x EPS targets, and upside to FY28 EPS targets could push Nvidia to $225 in the next 12–18 months.
  • I do much more than just articles at Out Fox The Street: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Nvidia headquarters in Santa Clara, California, USA

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Nvidia Corporation (NASDAQ:NVDA) (TSX:NVDA:CA) hasn't recaptured all-time highs yet, but the guidance for the July quarter supports booming growth remaining intact. Investors falling for the false narrative of an AI slowdown missed a gift to buy

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Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.

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