Nvidia's Next Chapter: From Wall Street Doubts to AI Dreams (and Designer Shoes?)

A Year of Living Flat (Like My Hair on a Humid Day)

So Wall Street thinks Nvidia is about to have its 'Samantha Jones' moment – a total reinvention and climb to even higher highs. Apparently this chipmaker ended last week hitting all time highs which is fabulous darling! But let's be real this bullish behavior is in stark contrast to the doubt that's been clinging to this stock all year. It's been trading flat like my apartment after Big 'helped' with the decorating. Remember that deer head? Shudder. Anyway Nvidia along with its semiconductor friends apparently had a rough start to 2025 thanks to those pesky China export controls. Honestly sometimes I feel like my love life has export controls too.

The 'Poster Boy Child' (Is That Like Being on the Cover of Vogue?)

According to some analyst at CFRA Nvidia is the 'poster boy child' of the AI semiconductor trade. I mean is that like being the Carrie Bradshaw of tech stocks? I’ll take it! The analyst went on to say that with these megacap stocks you have to digest those gains. Digest? Like a whole box of cupcakes after a bad date? Gene Munster from Deepwater Asset Management thinks Nvidia has been a victim of its own success. Investors are worried that its 'remarkable growth story' isn't sustainable. It’s like when you find the perfect Manolo Blahniks but they're so high you can barely walk. Is it worth the pain for the gain? That is always the question!

A Turn for the Better (Thank God Like Finding a Sale at Barneys)

But last week things changed. Nvidia jumped 4% to a new record. And Friday a 2% gain! It's like finding a twenty dollar bill in an old purse – unexpected and fabulous! Apparently Nvidia formed a 'golden cross' – when its 50 day moving average crosses above its 200 day moving average. Which sounds a lot like a mathematical equation I slept through in high school but it means a long term bull market may be emerging. As long as it doesn't clash with my new Fendi baguette I am in!

Earnings and Expectations (Like Dating in Your 50s?)

An analyst at Mizuho thinks Nvidia's rally is because investors are closing the gap between the stock and its competitors. I am not even going to try to relate this to dating. It is simply not possible. Anyway come August when Nvidia releases its next earnings report he expects another big jump. Something about increasing demand and the rollout of Nvidia's new Blackwell chip which is going to start to scale up in July and August. It’s all Greek to me but as long as my portfolio looks healthy and fabulous I'm not complaining.

Blackwell and Beyond (Is It a Handbag? A Chip? Who Knows!)

The CFRA analyst added that while a lot of the Blackwell hype is already priced into the stock there's still room for growth. Something about scaling up Blackwell and margin expansion. All I heard was 'more money'. Munster is also bullish saying Nvidia's valuation is still compelling even at these highs. He even thinks Nvidia is the most attractive large cap tech company on a price to growth basis. If only dating could be analyzed the same way.

The Future Is AI (And Hopefully Designer Discounts)

Munster also mentioned that investors are worried about hyperscalers building their own chips but he thinks that's unlikely due to the cost. He believes the industry is still early in its AI buildout. So while some are skeptical it looks like the experts are betting on Nvidia. Now if only someone could bet on my next great love affair. Because in the end aren't we all just looking for something to invest in? Be it love shoes or the stock market.