1. Nvidia's price-to-earnings ratio, calculated based on the consensus earnings forecast for 2027, is only 10.3, indicating a solid short-term fundamental outlook and limited downside potential for its stock price.
2. Considering the continued strong demand for AI computing power, persistent supply shortages, and the largely finalized roadmap for the next one to two generations of products, the probability of supply chain disruptions is low. Interim CEO Collette Kress is familiar with the financial commitments of the supply chain and AI ecosystem partners.
3. The history of companies like Apple and Microsoft shows that tech giants can continue to succeed after the departure of key leaders. Nvidia's core challenge lies in whether it can translate Jensen Huang's extensive personal management capabilities, covering technology and supply chain areas, into a sustainable organizational mechanism.
4. Risks include potential tightening of scrutiny of chip exports and distribution, and the possibility of an investigation by the US government. (Source: UBS report, November 12)
