$NVIDIA(NVDA.US)Nice to see NVDA continuing to recover after the recent correction. For me, the bigger picture still looks constructive.

AI infrastructure spending remains very strong, with hyperscalers continuing to commit huge capex to compute. At the same time, Nvidia is moving from Blackwell toward Vera Rubin, so the growth story is not dependent on just one generation of GPUs. Recent market optimism around Rubin demand also supports the idea that AI compute demand is still far from slowing down. (MarketWatch⁠)

Now the focus shifts to earnings on Aug 26. Expectations are already high, so volatility before and after the result is something I’m watching closely. (NVIDIA Investor Relations⁠)

For now I’m comfortable holding. The short-term price can move either way, but as long as AI capex remains strong and Nvidia keeps its technology lead, I still like the medium-to-long term setup.

Holding and letting the thesis play out. 📈 @Captain's Treasure