TradingKey – As of July 16, Eastern Time, Nvidia ( NVDA )’s latest share price stood at $207.4, down 2.4% on the day. Nvidia’s share price has been in a continuous correction since June, but stopped its decline and rebounded after entering July, with a cumulative gain of 3.65% in July, indicating that the market still recognizes Nvidia’s long-term AI growth thesis.
The core driver behind the recent acceleration in Nvidia’s stock price rebound is that Jensen Huang and the executive team personally participated in Morgan Stanley’s closed-door roadshow, focusing on addressing the market’s three major recent concerns about the company.
The first concern is product delays. The market had previously rumored that the next-generation Rubin Ultra…
