To The Moon

A few considerations regarding your question:

1. Post-Earnings Pullback

History with Nvidia: The stock has shown a pattern of brief pullbacks after earnings “beats” when expectations were already stretched. These corrections can last anywhere from a few days to several weeks, depending on broader market sentiment (tech sector flows, interest rates, macro risk appetite).

Market positioning: Since a large portion of institutional investors were already positioned for an upside surprise, the marginal buyer after the report is limited, often leading to near-term weakness.

2. Valuation vs Growth

Nvidia’s valuation is priced for continued leadership in AI/data centers. A slowdown from 73% to 56% YoY growth is still extraordinary, but the narrative shift from “hypergrowth” to “slowing growth” matters for multiples.

If the stock experiences a deeper correction, it’s less about business weakness and more about valuation rebalancing.

3. On the $70 Level

I assume you meant $700 (not $70), as Nvidia hasn’t traded near $70 for years. If it does fall below $700, that could present a more attractive entry point.

At that level, it would likely reflect a 10–15% correction from recent highs, which is not unusual for a stock this volatile.

The key is whether earnings momentum and guidance remain intact. If Q3 confirms stable margins and continued AI/data center demand, such a pullback could indeed be a buying opportunity for long-term investors.

👉 In summary: Nvidia may see a post-earnings digestion phase with a decline that could last days to weeks. If it dips into the $680–700 range, that could offer a favourable risk-reward entry—provided the AI growth thesis remains strong.