This article was originally published on I/O Fund on September 18, 2025
Nvidia stock faced a rare price target cut last week following a weaker-than-expected Q2 and heightened competition from Broadcom. The company has faced numerous headwinds from China and also production delays in their current generation of GPUs.
As someone who has tracked Nvidia’s cyclical downturns closely since 2018,the culmination of negative narratives in-between GPU generations is eerily familiar. Needless to say, in the past, Nvidia’s cyclical bottoms were buying opportunities where getting the stock lower helped to increase stock returns in the span of a few months.
