NVIDIA
Short

NVIDIA more as a hedging instrument than an investment vehicle

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NVIDIA's stock: adhering to the principle that what ascends must eventually descend. I contend that NVIDIA can be equated to the modern Bitcoin, serving as a buffer against inflation amidst the swiftly growing AI bubble. This current AI boom parallels the dot-com era, advancing more rapidly than the inflation rate, which leads to its perception as a financial safe haven by asset managers. Specifically, Blackstone is transitioning its focus from physical assets, particularly commercial office real estate, to digital infrastructure, with a keen interest in data center real estate. As NVIDIA's stock prices soar at a pace far exceeding inflation, it indicates that investors may be leveraging NVIDIA shares more as a hedging instrument than a mere investment vehicle. Given this trend and based on my Fibonacci retracement analysis, a correction in NVIDIA's stock price to the $520 to $540 range could be imminent.

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