The author is bullish on NVDA because TSMC commentary confirms demand and the stock's six-month consolidation with revenue growth and reasonable valuation suggest upside.
NVDA — LONG The author expects NVDA to move higher because TSMC's recent commentary indicates demand remains well intact, and six months of range-bound trading despite significant revenue growth signals upside rather than downside. He also argues the forward multiple is nearly in line with the market average for one of the best businesses in the world, with an average price target of $260, and believes a drop to $150 is unjustified because the core business has not changed.
Considering what we just heard from TSMC I expect Nvda’s demand to be well intact. Considering, it’s been range bound for 6 months with significant growth in revenue that to me would signal upside ahead not downside.
This Reddit post, published January 18, 2026, features u/rdeantet discussing NVDA. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/rdeantet · Tickers: NVDA