Nvidia’s stock has recently slipped, but investors are now watching closely as a major event on May 19 could push shares higher.
The company’s CEO, Jensen Huang, will deliver a keynote speech at Computex, a major AI conference. Analysts expect new announcements that could impact Nvidia’s stock price.
Why Investors Are Watching May 19
Nvidia is a top supplier of AI chips. Major tech firms rely on it to build their AI platforms. This demand has helped Nvidia’s stock rise sharply over the past year. However, recent import tariffs and global economic concerns have led to a dip in the stock.
Still, Nvidia remains strong, with record earnings and $43 billion in cash. The company is also increasing production in the U.S. to manage risks from tariffs.
On May 19, Jensen Huang is expected to share updates on Nvidia’s product roadmap. This may include news on the Blackwell Ultra chip, the Vera Rubin architecture, and Arm-based processors in partnership with MediaTek. These announcements could push the stock price higher.
Should You Buy Now?
Yes, but with a long-term view. Trying to time the market around specific events is risky. Instead, buying when a stock is fairly priced is a smart approach. Nvidia is currently trading at 26 times forward earnings, which is considered reasonable for a growth company in AI.
If you plan to hold Nvidia for years, now is a good time to buy — whether it’s before or after the May 19 event.
