By Unknown
Publication Date: 2026-11-07 18:28:00
Key Points
Nvidia’s shares are down 13% over the past month as investors question AI spending.
But Nvidia’s customers are seeing strong sales growth as a result of their ramp-up in AI spending.
Nvidia should continue to benefit from the AI boom, especially as a result of data center expansion.
Investors are skeptical of many AI stocks right now, questioning the long-term return on investment for tech companies spending so much on data center infrastructure. And as a leading semiconductor company for AI infrastructure, Nvidia(NASDAQ: NVDA) has felt the pain from the sell-off, with its share price falling 13% over the past month.
That’s put Nvidia’s share price at around $202, far below analysts’ average price target for Nvidia stock of $327. If it reaches that target, investors stand to gain around 62%. So, is now the right time to buy Nvidia stock, despite the concerns about AI spending?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
I think so, especially given that recent tech earnings reports indicate tech companies are likely to continue investing in infrastructure over the next few years.
Image source: The Motley Fool.
AI spending continues to ramp up
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