Down 17%, Is It Time to Buy the Dip on Nvidia Stock?

Over the last few years, Nvidia (NASDAQ: NVDA) has emerged as the leader of America's tech industry -- riding a tidal wave of demand for its cutting-edge chips used to train and run AI algorithms. However, with shares down 17% year to date, the company has hit a roadblock as a combination of trade uncertainty and possible foreign competition calls its growth thesis into question. Should investors buy the dip or stay far away from this technology leader? Let's dig deeper to find out. While it's easy to blame Nvidia's recent dip on the Trump administration's trade policy, that's only part of the story. Semiconductors are exempt from U.S. tariffs (although this could change in the future), and Nvidia has already made significant strides to onshore its supply chain -- even sourcing its latest Blackwell-based graphics processing units (GPUs) from Taiwan Semiconductor Manufacturing's new manufacturing facility in Arizona.Continue reading

Apr 16, 2025 - 09:18

Down 17%, Is It Time to Buy the Dip on Nvidia Stock?

Over the last few years, Nvidia (NASDAQ: NVDA) has emerged as the leader of America's tech industry -- riding a tidal wave of demand for its cutting-edge chips used to train and run AI algorithms. However, with shares down 17% year to date, the company has hit a roadblock as a combination of trade uncertainty and possible foreign competition calls its growth thesis into question.

Should investors buy the dip or stay far away from this technology leader? Let's dig deeper to find out.

While it's easy to blame Nvidia's recent dip on the Trump administration's trade policy, that's only part of the story. Semiconductors are exempt from U.S. tariffs (although this could change in the future), and Nvidia has already made significant strides to onshore its supply chain -- even sourcing its latest Blackwell-based graphics processing units (GPUs) from Taiwan Semiconductor Manufacturing's new manufacturing facility in Arizona.