Economic Observation Network Nvidia's (NVDA) current AI computing power demand is still at a high level, and short-term stock price fluctuations are influenced by multiple factors. It is necessary to pay attention to the subsequent gross profit margin trend.

Market Analysis
The demand for AI computing power itself remains strong (with cloud vendors having a backlog of orders exceeding $2 trillion) ）However, short-term stock prices are affected by both Federal Reserve policy expectations and valuation digestion. If there are new catalysts in the AI industry chain (such as the production progress of Vera Rubin exceeding expectations) or if there are further statements from Walsh, it may be able to re support the valuation. At present, the fluctuations are normal digestion, and the fundamental turning point signal needs to be focused on whether the gross profit margin can bottom out and rebound in FY27Q4 。

The above content is based on publicly available information and does not constitute investment advice.