To The Moon

NVIDIA’s current momentum certainly supports a bullish case toward the $200 mark, though a few key factors deserve consideration.

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🔹 Bullish Arguments

1. AI Infrastructure Dominance:

NVIDIA remains the backbone of AI computing. With Huang emphasizing inference as the next growth engine, the company is poised to capture sustained demand from cloud providers (e.g., Meta, OpenAI, Microsoft) and emerging AI players.

2. Ecosystem Expansion:

Partnerships such as CoreWeave’s $14.2B deal with Meta validate NVIDIA’s platform as indispensable in hyperscale AI deployment. The company’s Blackwell architecture and upcoming GB200/GB300 systems may drive another revenue inflection.

3. Technical Strength:

The stock’s four-session winning streak signals strong institutional accumulation. If it holds above $180–182 support, the next psychological resistance at $200 could be tested in the near term.

4. Broader AI Euphoria:

With AI leaders like OpenAI and Anthropic expanding capacity, NVIDIA benefits indirectly from every new model launch or scaling event. This "AI flywheel" continues to reinforce investor enthusiasm.

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🔸 Cautionary Considerations

1. Valuation Stretch:

NVIDIA trades at a premium P/E multiple even after record earnings. Short-term corrections are possible if growth expectations cool or if the Fed dampens market risk appetite.

2. Supply Chain and Competition:

AMD’s MI450 and Intel’s Falcon Shores may pressure data centre share in late 2025. Investors should watch for lead-time extensions and order visibility into FY26.

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✅ Verdict:

Yes — I remain bullish on NVIDIA reaching $200, potentially within the next leg of the AI rally, provided macro conditions remain supportive and data centre demand stays robust. However, investors should anticipate volatility around earnings or macro policy shifts before a sustained breakout.