Nvidia Stock After the Dip: Still a Buy in AI's Early Innings?
Dan Ives calls AI a third-inning story. That makes Nvidia's latest pullback look like an opportunity.
Dan Ives isn't panicking — and neither should you. The Wedbush analyst pegs the AI revolution at just the third inning, which means the bulk of the game is still ahead. If he's right, selling Nvidia into weakness is the wrong move.
History backs that up. Every time Nvidia has pulled back during this AI cycle, buyers who stepped in were rewarded. The stock's long-term trajectory has been relentlessly higher, fueled by insatiable demand for its chips powering data centers, large language models, and the broader AI buildout.
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The bear case is real — valuation is stretched, competition is creeping in from AMD and custom silicon from the hyperscalers, and macro headwinds can hit high-multiple tech names hard. But those risks have existed at every prior dip, and they haven't derailed the thesis yet.
What Ives is really saying is that the infrastructure spending cycle for AI is nowhere near mature. That keeps Nvidia in the driver's seat as the dominant supplier of GPU compute. Until a credible alternative chips away at that position, dips are historically where the money gets made.
If you're a trader watching price action, the dip-buying playbook has been consistent. If you're a long-term investor, the third-inning framing gives you runway. Either way, the burden of proof is on the bears. Continue reading at Yahoo.
