Should You Buy Nvidia

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Should You Buy Nvidia

Should You Buy Nvidia (Nvda) Now?

Nvidia reached its 52-week high near $153. Since then, it has lost almost 43% of its value, only to recover and is now trading above $130.

Overall, Nvidia lost a lot of money, only to regain 56% of its stock value again. So, if someone had put $10K into Nvidia at the dip, it would be worth $15,600.

Nvidia Faces Risks

This is a classic sign that one should time their entry into the stock market. Also, buying at the bottom and selling at the high is the best strategy for maximizing the gains.

At the core of the issue is the US president, whose tariff announcements sent the tech stocks lower. At the center of it all were the restrictions on exports of chips.

China is a key player in the AI field and has already established itself as a competitor. By denying access to chips to China, the USA wants to win the AI race. However, winning this race comes at the cost of US companies such as Nvidia (NVDA).

However, following the president's trip to the Middle East and Saudi Arabia's most recent technology announcement, the global AI balance may be changing.

The Humain AI data center project in Saudi Arabia has teamed with Nvidia and Advanced Micro Devices. Over the following five years, it is planned to construct AI factories with a maximum capacity of 500 megawatts.

According to experts, the project will need hundreds of thousands of Nvidia processors. So, that's a pretty big deal for Nvidia and will help them earn more money.

Overall, Nvidia is a long-term stock with a solid growth outlook ahead of it. So, for those who need a value tech stock for the long term, Nvidia is the best choice.

Sure, the company is going through tough times, but it doesn't change the fact that Nvidia remains a dominant player in the chips and AI field.

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