NVDA is showing signs of weakness, with an A-B-C correction potentially unfolding, hinting at a trend reversal. The near-term peak in AI compute demand, proven by DeepSeek, and NVDA’s reliance on Taiwan-based TSMC amid geopolitical risks add fundamental pressure. Broader market sentiment hasn’t turned fully bearish yet either, with CPCE unchanged for March — suggesting market participants haven't fully priced in further downside.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.