Nvidia: The Dip We're Backing With Conviction (Rating Upgrade)

Nvidia Corporation’s (NASDAQ: NVDA ) reputation as market’s AI darling has undoubtedly been in deterioration as of late. The stock’s declined by more than 30% this year, with investor confidence increasingly blighted by a concoction of risks to Nvidia’s demandAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...