Jul. 15 at 7:58 PM
$NVDA — The H20 Is Back
Semis ripping today (
$SOXX $SMH).
$NVDA leads the charge, up 4-5% on news they can sell approved chips to China again.
Write-downs? Might be a wash.
Gov't contracts, rare earth diplomacy, and massive AI tailwinds driving the move.
Been long since April “Liberation Day” but calling it a Hold now. The run’s been too far, too fast.
Yes, growth is real. But even Peter Lynch warned against 50% growers.
$NVDA now trades above 25x forward EPS until 2028. No margin of safety at these levels.
https://seekingalpha.com/article/4801446-nvidia-back-in-the-game-can-h20-fuel-more-gains-rating-downgrade