Nvidia's Next Growth Wave May Be Just Beginning: We See a 28% Upside

NVIDIA’s stock has “cooled off,” but the note argues the underlying business remains in an acceleration phase. The takeaway is constructive on fundamentals despite a near-term pullback, implying continued investor interest in AI-driven demand.

Analysis

NVIDIA’s stock has “cooled off,” but the note argues the underlying business remains in an acceleration phase. The takeaway is constructive on fundamentals despite a near-term pullback, implying continued investor interest in AI-driven demand.