Portfolio manager lays out bull case for Nvidia

Nvidia (NVDA) shares have surged 20% over the past month, staging a robust recovery following a lackluster performance in August and September. To gain insight into the company’s prospects, T. Rowe Price Science & Technology Equity Strategy portfolio manager Tony Wang joins Catalysts.
Wang observes that the market has now come to terms with the “sustainability of the results.” Given Nvidia’s high valuation, concerns about maintaining this trajectory began to arise. However, with the upcoming launch of the Blackwell architecture, Wang notes that “demand is quite strong,” projecting improved growth for the semiconductor giant.
Regarding the next potential catalyst for Nvidia’s stock, Wang states, “I think it’s earnings here.” He adds, “It’s all about numbers for Nvidia and growth off of this higher base, and so I think that’s what we’re looking for,” he tells Yahoo Finance.
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