Nvidia Stock Has Huge Momentum. Time to Buy? - The Motley Fool

Following a rocky start to 2026, NVIDIA's stock has surged by nearly 19% over the past 30 days, with a more than 32% rally in late April. As of this writing, shares are close to $212, just shy of thei... Read original →

NVIDIA’s recent rally reflects AI infrastructure demand shifting from speculation to execution. Its 75% gross margin validates Blackwell’s architectural lead, pressuring hyperscalers like Amazon, Google, and Meta to accelerate in-house AI chips—now targeting training workloads beyond inference. Yet none can yet bypass CUDA’s software moat. U.S.-China decoupling has already increased supply chain complexity; excluding China revenue forces costly diversification into Mexico and Vietnam, likely trimming 2–3% off future margins. Over the next 18 months, sustained AI capex will let NVIDIA widen its lead with Rubin—but if cloud vendors achieve full-stack validation of custom silicon, a sector-wide valuation reset looms. The current ~43x P/E assumes flawless execution amid extreme growth dependency, warranting only selective, conviction-driven exposure.