$NVIDIA(NVDA.US) Many people have been waiting for NVIDIA below 170 for over half a year. Now the stock price has dropped to less than 20 times forward P/E.

At the GTC conference, $NVIDIA(NVDA.US) made it very clear: the Blackwell and Rubin generations of AI chips have the potential to reach over $1 trillion in sales by 2027. Meanwhile, NVIDIA has also regained some licenses and started resuming production of the compliant H200 version for the Chinese market.

Of course, the short-term market completely ignores these factors. Once war breaks out, oil prices, inflation, and interest rate expectations all surge, and fundamentals take a back seat.

But if you extend the timeframe to 2-3 years, such mispriced moments often represent high-probability opportunities.

Based on this logic, I will continue to add to my position in batches as planned.

As Dan Bin said, unless there's a real world war, many times it's just a "deep squat before the jump."