Nvidia's Recent Troubles Should Be Absorbed By The Big Picture (Upgrade)

Summary

• Nvidia Corporation's stock dropped 18% since August, but recent developments, including U.S. tariff reductions, nearshoring, and new product launches, reduce investment risks.
• Nvidia's U.S. manufacturing expansion and new GeForce RTX 5060 GPUs could boost revenue, despite challenges from China's AI advancements.
• Nvidia reported record Q4 revenue, driven by data centers and Blackwell sales, with a forward GAAP P/E ratio of 23.33x, aligning with the sector.
• Nvidia's investments in AI and autonomous driving, along with strong cash flow and shareholder returns, position NVDA stock for further upside.