Nvidia has lost nearly half of its market value since its peak, subsequently leaving many investors wondering whether the stock provides an attractive entry point. The U.S.-based technology firm seems under appreciated by the bulk of market participants. Thus, I'm bullish on the stock; here's why. Recent Performance Explained Nvidia stock's recent weakness is multifactorial. First of all, the company faced a trying semiconductor supply-chain, which has added inflationary pressure to its business model. The semiconductor days to delivery ratio recently reached 26.6, meaning that Nvidia's operational efficiency is doubted by many investors.
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NVIDIA (NASDAQ:NVDA)
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NVIDIA (NASDAQ:NVDA)
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Von Jun 2021 bis Jun 2022 Click Here for more NVIDIA Charts.