Nvidia current stock price receives support from strong forward guidance and a record pipelines of AI chip orders. This positions the company favorably in the global semiconductor cycle. However, the best could be yet to come. As interest rates (hopefully) fall over the next few years, it should become a far better environment to expand. Management sees a $100 billion investable universe of properties in categories EPR could pursue, and this is a market that is likely to get even larger over time. Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: Nvidia current stock price is being watched closely ahead of key macroeconomic data; low correlation with broader indexes is making it a defensive play in tech for some portfolio managers.
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