Nvidia Stock Analysis: One Reason to Buy, One Reason to Sell

Despite a 17% drop from its peak, Nvidia (NASDAQ:NVDA) stock remains higher than three months ago. The recent decline seems excessive, as Nvidia continues to supply chips to major mega-cap AI players and will continue to do so for a long time. The company’s upcoming Blackwell chips are expected to drive further sales. Although Nvidia may face more short-term pain, many believe this recent dip presents a strong buying opportunity.Nvidia has addressed several AI concerns in its Q2 earnings, with CFO Colette K ...