Nvidia Losing Steam? Time to Exit or Wait at $140?

xc__
06-08

$NVIDIA(NVDA)$

Nvidia’s back on top, reclaiming its crown as the world’s most valuable company with a jaw-dropping $3.45 trillion market cap, edging out Microsoft. But just as the chip titan hit this milestone, director Mark Stevens cashed out big—dumping over 1 million shares across two transactions on Monday and Tuesday, raking in nearly $150 million, per an SEC filing on Wednesday. With the stock idling at $140, the buzz is electric: Is Nvidia running out of gas, or is this just a speed bump on its way to new highs? Can it shrug off insider sell-offs and charge to $150—or beyond? Let’s dive into the sell-off, the growth engine, and what’s next.

Stevens’ Sell-Off: Storm Warning or Cash Grab?

A million-share dump sounds ominous, but context is everything. Stevens’ sales were part of a pre-scheduled 10b5-1 plan, locked in well before the stock’s latest surge. This isn’t a panicked exit—it’s a calculated move, likely profit-taking after Nvidia’s 150%+ rally over the past year. He still holds a hefty stake, signaling he’s not bailing on the company he’s helped steer. Insider sales after big runs aren’t rare—executives diversify or splurge all the time. Still, the optics of a $150 million cash-out near record highs can rattle nerves. It’s a caution light, not a stop sign.

AI Rocket Fuel: Still Firing on All Cylinders?

Nvidia’s dominance isn’t up for debate. Its latest earnings crushed it—revenue soared 69% year-over-year to $44.1 billion, even with a $5.5 billion export restriction hit. The secret sauce? AI chips like the H100 and the upcoming Blackwell line, powering everything from ChatGPT to self-driving cars. Big tech—think Microsoft, Google, Amazon—is pouring cash into AI infrastructure, and Nvidia’s GPUs are the picks and shovels of this gold rush. Traders on X are hyped, eyeing $145-$150 pre-earnings. The AI boom’s got legs, and Nvidia’s leading the pack—supply chain hiccups or not.

Pricey Territory: How Much Is Too Much?

At $140, Nvidia’s sporting a 60x forward earnings multiple—pricey compared to Microsoft’s 35x or Apple’s 30x. That’s a bet on flawless execution, and any stumble could spark a sell-off. The stock’s RSI is nudging 70, hinting it’s overheated and ripe for a breather. But Wall Street’s still smitten—analysts peg a $173 consensus target, with some dreaming of $200 if AI spending stays wild. Growth justifies a premium, but this high-wire act leaves little margin for error. A dip to $130-$135 wouldn’t shock anyone.

Cracks in the Armor: Competition and Global Risks

Nvidia’s not untouchable. AMD and Intel are sharpening their knives, and cloud giants are cooking up in-house chips. Trade tensions with China—a key market—could sting, though Nvidia’s already weathering export curbs. If the S&P 500 stumbles on Fed moves or recession vibes, Nvidia won’t dodge the fallout. That said, its CUDA ecosystem and chip lead are a fortress—competitors are playing catch-up, not checkmate. Long-term, it’s golden; short-term, expect some chop.

$150 or Bust: What’s the Next Move?

Hitting $150—a 7% jump—isn’t a moonshot, but it needs juice. Killer earnings or a fat contract could push it there. The chart’s bullish—support’s firm at $135—but overbought signals suggest a pause. Options traders are betting on swings, not direction. If the market rallies, $150’s a layup; if AI hype cools, $130’s more likely. Either way, $135 is your line in the sand—hold that, and the bulls stay in charge.

Exit, Hold, or Buy? Your Call at $140

Nvidia’s a juggernaut, but it’s not invincible. Stevens’ sale is a nudge, not a shove—planned, not panicked. The AI story’s far from over, and $150 could be a stepping stone to $173 or higher if the stars align. Long-term believers should hang tight; the upside’s too juicy to ditch. Overloaded? Skim some profits. Newbies? Wait for $135—it’s a safer bet. Traders, keep your eyes peeled—below $135, the mood shifts fast. Nvidia’s got steam left, but the gauge is flickering.

What’s your play—cashing out, piling in, or riding the wave? Sound off below!

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Comments

  • Kristina_
    06-09
    Kristina_
    Still holding my $NVDA and not stressing 😎 Insider selling happens—AI hype is still real and long-term potential is 🔥. If it dips to $135, I might even add more. Let’s gooo 🚀💻
  • BirdieO
    06-09
    BirdieO
    Interesting indeed
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