Core Viewpoint - Nvidia's stock has experienced a significant decline despite a strong quarterly report, raising concerns among investors about potential export controls on AI chips [1][2][3] Group 1: Stock Performance - Nvidia shares dropped nearly 9% at the start of the trading week, marking a total decline of over 13% since the recent earnings report [1] - The stock is currently trading below its levels from six months ago, despite a surge in 2024 [1] Group 2: Investor Sentiment - Negative sentiment is driven by fears of potential export controls on high-performing AI chips, particularly concerning sales to China [3] - Reports indicate that Nvidia's latest Blackwell chips are being offered in China through other Asian countries, raising concerns about further sanctions [3] Group 3: Financial Performance - Nvidia reported a remarkable revenue growth of 114% for its full fiscal year and exceeded expectations in its recent fiscal fourth quarter [4] - The company anticipates another record revenue quarter ahead, despite expectations of slower growth this year [4] Group 4: Valuation and Investment Opportunity - The stock is currently valued at approximately 26 times the expected earnings for the next 12 months, significantly lower than its three-year average of 35 times [5] - This valuation suggests that it may be an opportune time for investors to consider purchasing Nvidia shares [5]
Nvidia Stock Plunged Again Monday. Is This a Great Chance to Buy?