Main Street Is Obsessively Watching Nvidia’s Tape as Institutions Quietly Trigger a Nasty 13% Semiconductor Rotation. Why I Am Still Buying - Yahoo Finance

In July 2026, NVIDIA shares experienced a notable pullback, down 7.55% month-to-date and 13% in June. Despite this, analyst Alex Sirois remains bullish, viewing the decline as a buying opportunity. NV... Read original →

NVIDIA’s recent pullback stems from institutional portfolio rotation, not deteriorating fundamentals. With 85% YoY revenue growth and net income up 210%, AI data center demand remains structurally robust. Technologically, 3nm and EUV lithography are now gating factors in GPU scaling, making TSMC’s (Taiwan, China) capacity allocation critical for high-end chip delivery through 2028. On compliance, while U.S. export controls haven’t dented NVIDIA’s earnings directly, they’re forcing Meta and Anthropic to diversify non-U.S. supply chains—raising industry-wide capex. Rivals like AMD and Intel are pushing custom ASICs into secondary markets but lack CUDA’s ecosystem moat. Over the next 12–24 months, AI infrastructure demand will shift from explosive spikes to sustained high-load deployment, cementing NVIDIA’s role as the pricing anchor of democratized compute—backed by an $80B buyback and full-stack architectural dominance.