Nvidia Just Entered A $200 Billion Market - History Says What Happens Next

Rick Orford4.25K FollowersFollow5ShareSavePlay(13min)Comments(2)SummaryNvidia Corporation remains a Strong Buy, as recent stock weakness is disconnected from operational performance and driven by external sentiment factors.NVDA's Q1 revenue surged 85% YoY to $81.6B, with Data Center revenue up 92% and gross margins holding near 75% despite rapid scaling.Management guides for $91B Q2 revenue, excluding China Data Center compute, and expects stable margins through the next chip transition.Vera Rubin CPU opens a $200B TAM, with early demand from major AI players; the market is undervaluing this long-term growth catalyst. Robert Way/iStock Editorial via Getty Images Nvidia Corporation (NVDA) is down about 17% since its record high of ~$236.5 per share on May 14 to the mid-$190 levels it’s at today. Upon closer inspection, this drop appears to have almost nothing toThis article was written byRick Orford4.25K FollowersFollowRick is a Wall Street Journal best-selling author and financial writer specializing in stocks and options trading. He's recognized as a top 1% financial expert and blogger on TipRanks, and his work, in both written and video form, has appeared in Good Morning America, Forbes, Yahoo Finance, MSN, Business Insider, InvestorPlace, Benzinga, SoFi, Barchart, Thrive Global, and many more. Journalists and editors can find his verified credentials on MuckRack.His passion is business, and he works tirelessly to make complex investing ideas easy to understand, whether on his YouTube channel, in his books, or across his published work.Rick started his career young. In 2004, he founded a web marketing agency that was acquired in 2007. He and his partner then became pioneers in the telecom industry, offering a business phone service that worked from anywhere. The company grew rapidly through innovation and strategic acquisitions before being sold in 2014 for a seven-figure exit.Between 2009 and 2015, Rick served on the board of directors of GVCCU, where he gained inside experience in the mortgage and lending business.In 2018, he wrote The Financially Independent Millennial to share his story of reaching financial independence at age 35 despite not learning about money growing up. His books are written to be approachable and often highlight the lessons he wishes he could have told his younger self.Rick later co-authored Success Mindsets, which became a Wall Street Journal bestseller on November 13, 2021.When he's not analyzing markets, Rick is an enthusiast of fast cars, technology, and good food.Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.