NVIDIA Corporation
Investment Thesis
NVDA has declined 6.5% over the past month to $177.72, creating an attractive entry point following geopolitical uncertainty resolution. Trump's decision to allow H200 chip exports to China with a 25% fee framework removes a major overhang, while the $500B order backlog through 2026 and Blackwell production ramp provide fundamental support. The stock is consolidating in a $175-$190 range after excessive pessimism around China export restrictions, presenting a 2-3 month mean reversion opportunity as the market reprices the improved geopolitical outlook.
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