Should You Buy Nvidia Before May 19?

Core Viewpoint - Nvidia has experienced significant demand for its AI products, leading to record earnings, but its stock price has recently faced challenges due to broader market concerns, particularly related to potential tariffs on imports [2][3]. Group 1: Company Performance and Market Position - Nvidia's stock surged last year due to high demand for its AI products from major tech companies [1]. - Despite record earnings, Nvidia's stock price has stumbled amid market-wide concerns about tariffs proposed by President Trump [2]. - The company is well-positioned to handle potential tariffs, with a recent move to increase U.S. production and $43 billion in cash reserves [3]. Group 2: Upcoming Events and Innovations - Nvidia CEO Jensen Huang is set to deliver a keynote at Computex on May 19, focusing on AI and next-generation technology [6]. - Investors are particularly interested in updates on Nvidia's innovations, including the Blackwell Ultra chip and Vera Rubin architecture, which were previously announced [7][8]. - The potential announcement of Arm Holdings-based processors for PCs in collaboration with MediaTek could mark a significant advancement for Nvidia in the Windows operating system market [8]. Group 3: Investment Considerations - The upcoming Computex event could generate excitement about Nvidia's future growth in AI, potentially impacting stock performance [10]. - While it may not be necessary to rush into buying Nvidia shares before the keynote, the stock is considered reasonably priced at 26 times forward earnings estimates [11]. - Overall, it is suggested that buying Nvidia now or after the Computex event could be a sound investment strategy [12].