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The end of Nvidia? Tech analyst weighs in...

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Sat, Aug 3, 2024 02:03 PM

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After a three-year run, Nvidia's stock has finally faltered. The chipmaker's stock declined heavily

After a three-year run, Nvidia's (NVDA) stock has finally faltered. The chipmaker's stock declined heavily over the last couple of weeks. Many people have started to speculate that the AI bubble has finally burst. [Stansberry Research] The End of Nvidia (NVDA)? --------------------------------------------------------------- After a three-year run, Nvidia's (NVDA) stock has finally faltered. The chipmaker's stock declined heavily over the last couple of weeks. Many people have started to speculate that [the AI bubble has finally burst.]( To that, I say – not a chance. The truth is Nvidia is set for a strong fourth quarter... Jensen Huang, Nvidia's CEO, says the company will start shipping its new chip Blackwell at the end of the year. Tesla, Google, Amazon, and Meta have all put in orders. And at $30,000 a chip, Nvidia can expect strong revenue (right now, it's projected to be around $210 billion). Which means that, if anything, right now is a great time for Nvidia fans. That said, I do NOT recommend buying shares of Nvidia stock. Every time Nvidia releases a new chip or software, companies with exposure to that chip double or triple in value. For example, in the 1990s, Nvidia released its GeForce chip – gaming companies using it went up over 3,000%. And in the 2000s, Nvidia released its Tegra Chip – car companies using it (including Tesla) went up over 17,000%. In short: A chip release is a lucrative time, for more than just Nvidia. My team and I [uncovered 3 companies with potential exposure to Nvidia's Blackwell chip.]( If history repeats itself, these companies could double your money. You can [get the full details here.]( Best, Eric Wade Senior Technology Analyst, Stansberry Research Published by Stansberry Research. You have received this e-mail as part of your optin to Stansberry Research. If you no longer wish to receive special offers from Stansberry Research, [click here](. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 [stansberryresearch.com](.

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