HomeIndustriesTechnologyNVDA Faces Growing Competition, $100 Attractive Entry Point

NVDA Faces Growing Competition, $100 Attractive Entry Point

Ali Mogharabi says sentiment for Nvidia (NVDA) remains strong despite the selling action following GTC 2025. He argues the problem lies in growing competition from hyperscalers like Alphabet (GOOGL) and Amazon (AMZN) creating their own chips. Ali calls $100 or below a great entry point to buy into the stock, $20 below where it currently trades. He expects the company's growth to slow even with Blackwell Ultra and Rubin showing promise for Nvidia's computing future.

Market On Close

24 Mar 2025

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