3 Reasons to Buy Nvidia in the Fall

There's only one stock with a market cap north of $5 trillion: Nvidia (NASDAQ: NVDA). The leader of the AI revolution remains the most valuable publicly traded company, but interest has cooled this year. Nvidia's 19% rise in 2026 may be comfortably ahead of the market, but its performance has lagged that of smaller AI players and memory stocks riding its coattails.

Can Nvidia resume its role as the market leader for AI investors? With summer handing the seasonal baton to autumn this week, let's go over three reasons this could be a great time to buy shares of Nvidia.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

When investors rotate out of sectors -- or in this case, a particular lead horse in an industry -- the logical conclusion is that the party is over. Growth is decelerating, if not outright declining. There are typically other market opportunities with the pedal to the metal, but that's not an accurate knock with Nvidia. Growth has only picked up the pace in recent quarters.

The acceleration isn't sustainable. The country's most valuable company can't continue to more than double its revenue the way it did in last month's fiscal second quarter. Nvidia's own guidance for $108 billion in revenue for the current quarter, which it will report in mid-November, represents an 89% year-over-year increase. Nvidia forecasts have been conservative in the past, but it would take a significant beat to exceed its previous quarter's 106% jump. But even with its foot off the accelerator, it should continue to be another period of stellar revenue growth.

Nvidia's growth over the past year has happened without sales into the world's second largest economy. The trade war between the U.S. and China has imposed strict restrictions, essentially blocking Nvidia from that major market.

Even in last month's report, Nvidia points out that its guidance doesn't include any data center compute revenue from China in its guidance. In short, it's already on the floor on that front. Things can only get better from here.

CEO Jensen Huang is expected to attend a state dinner at the White House this week, along with President Trump and Chinese President Xi Jinping. The stakes are high, but it's also important to have realistic expectations. Huang, Trump, and Xi also attended a state dinner four months ago, in Beijing, and it didn't culminate in the easing of trade restrictions. If and when China opens up to Nvidia data center chip shipments, it should result in incremental revenue for a company that's already growing at a healthy pace.