$NVIDIA(NVDA.US)NVIDIA finally back in the green for me, and yesterday’s pullback doesn’t really change my view. After several strong sessions, some profit-taking was expected. The stock even reached an intraday high before giving back part of the move, so to me this looks more like the market cooling off rather than the trend suddenly breaking.

What gives me more confidence is that the AI infrastructure story is still getting stronger. Elon Musk recently said SpaceX plans to rely on NVIDIA hardware for its AI compute buildout, while SpaceX is looking at a very large expansion in computing capacity. For me, that is another sign that demand for high-end AI compute is not only coming from the usual cloud companies anymore.

NVIDIA is also moving beyond simply selling GPUs. The company is positioning itself around complete AI factories—compute, networking, CPUs, GPUs and infrastructure that can run AI workloads at massive scale. That makes the long-term thesis more interesting because future growth is not dependent on just one chip cycle.

Of course, valuation and expectations are already very high, so even good news can create volatility. That is probably the biggest risk I’m watching. When everyone expects perfection, one weaker guidance point can easily trigger a correction.

But for now, I still see yesterday as temporary noise rather than a change in fundamentals. My plan is simple: hold, watch the upcoming earnings closely, and see whether AI spending continues to support the next leg higher. If the business keeps executing, I’m happy to give this position more time. 💪📈

Trade Showcase: short-term correction, long-term thesis still intact. The harder part now is not finding the trade—it’s having enough patience to stay with it. @Captain's Treasure