Donald Trump is a big baby, he likes people to flatter him, praise him, give thanks to him and he will be very happy and fulfill all your requests. So 7 leader of the EU went with Zelensky to White House, and each of them give thanks to Trump again and again, and praised his effort on peace one by one. Surely they have learned how to keep this big baby do not cry if you want his help. Thus Trump promised to sell weapons to EU and then export to Ukraine even if they don’t join the NATO.
But on the inauguration ceremony of January 20th of Trump, nearly all the CEO of American IT firms were at the ceremony, have you found one very important person was absent? Who is absent? It was Jensen Huang of NVDA. How dare he was to do so? Where was he? He went to Beijing on that day. Of course for the business of NVDA and for the money of the big baby Donald.
This year he had been to China for 3 times, and every time before going he would go to meet Trump first or else this big baby would cry and angry like insulting Zelensky in February. So Jensen Huang established a research center in Shanghai to understand what they really need. Now both NVDA and AMD made a historical record of giving the government 15% profit in order to sell semiconductor to China. In the future, other business will follow them.
At length the sales of H20 is successful. Another new chip known as B30A, much more powerful than H20 is on the way. Thus those local IT firms would not use Huawei. Moreover, a new product which is RTX6000D will be delivered to China in September before the new B30A completed production in 2026 with technical help from TSMC’s 4nm process.
NVDA is too high to buy now, if you want a lower buying level, some AI would just base on the price of last year, and some just make a whole number like $100 or $150. It’s no wrong but not professional enough. If your target is aiming at 5 years, basically the entry level is not so strict, but everyone wants a lower level and above all not too low or else will be missing out. The prerequisite is to wait for several stocks at the same time, do not just wait for a single stock, at least wait for 3 stocks and see who hit your target first. May be in the future the super-AI will also tell you to do so. It is more practical to wait with TSM for these two stocks are in same path of growth and TSM is more stable, but for the recent trend NVDA dropped only a little.
So people like to buy some defensive stocks besides aggressive stocks which continue to break record high incessantly, NVDA possess the particulars of both aggressive and defensive stocks. TSLA is in half hibernation and can also treated as defensive stocks.
NVDA should wait for the previous low of $164.58 on July 22nd where it just filled the jumping gap and rebounded. The recent drop on Aug 20th was at lowest 168.80 which was lower than the July 1st 170.89. Therefore the best buying zone is from 164.58 to 170.89. If it continues to drop, the whole number level of 150 as said by the AI is quite a good buying level but we are not sure whether we would miss it if just keep on waiting. So if it does not hit that target we have to try other stocks like TSLA and TSM.