$NVDA can continue ping-pong sideways till end of 2027NVIDIA CorporationBATS:NVDAbigbull037- NVDA can easily ping-pong sideways till end of 2027 - It's matter of when the growth rates will start showing slowdown. - NVDA will continue going sideways because current earnings are good and are providing a floor. But after a quarter or two, those explosive growth rates will crack. - Technically, NVDA is looking exactly like AMZN during 2020-2022 where it went sideways for two years and then went down in the correction of 2022. - I feel that similar will happen with NVDA where it goes sideways for an year max and then go down as soon as market participants smell the blood. - We are in Agentic AI phase and people need compute for inferences and CPU >> GPU as most use cases are LLM API calls. - GPUs are only required by hyperscalers and foundational modeling team like Open AI, Anthropic. - 95% of the S&P 500 companies don't need to train their large language models on GPUs. They will just consume Models from Open AI, Anthropic or Gemini(GOOGL)