Is Nvidia stock today a buy for Hong Kong investors?

It can be, but sizing matters. The setup shows oversold readings and nearby supports, while fundamentals remain strong. Still, valuation is not cheap and custom-silicon risk is real. Consider staged entries near support, a stop based on ATR, and a plan to add only if price reclaims the 50-day average.

What is the “anti nvidia alliance” and why does it matter?

It refers to reports of large buyers and chipmakers exploring custom AI silicon and open ecosystems to reduce reliance on a single vendor. If successful, it could tighten Nvidia’s pricing or share over time. For now, Nvidia’s software stack and time-to-market edge keep many AI projects on its platform.

How expensive is Nvidia valuation now?

On trailing numbers, it trades near 35x earnings and about 19x sales, supported by strong margins and cash generation. Bulls highlight roughly 22x forward P/E if high growth persists. The key is whether AI data center demand and software attach can sustain rapid revenue and EPS expansion through the next year.

What price levels should I watch in the near term?

On the downside, $175 to $170 aligns with recent supports and lower volatility bands. On the upside, $185 is the 50-day average and first resistance. A close back above that zone would improve momentum. Watch ATR near $5 to $6 for risk controls and adjust sizing to account for daily swings.

Global Market Insights

NVDA Stock Today, March 23: Rival ‘Anti-NVIDIA’ Push Meets Fresh Buy Calls

ByHuzaifa Zahoor March 23, 2026March 23, 2026

Nvidia stock today is back in focus as talk of an “anti-NVIDIA alliance” meets fresh buy-the-dip calls. Shares closed at $178.56 (about HK$1,394), down 8.43% year to date but up 45.90% over 1 year. Market cap stands near $4.20 trillion. Bulls cite roughly 22x forward P/E and a 70% revenue growth outlook, while bears highlight rising custom silicon. For Hong Kong investors, we frame the risks, valuation, and levels to watch on NVDA before the next earnings window.