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On July 15 local time, NVIDIA Corporation (NVDA) closed trading at $212.50 on the New York stock market, up 0.33% from the previous day. Despite broad-based selling of technology stocks, it maintained some of its strength as a leading artificial intelligence (AI) semiconductor company. This is interpreted as a result of steady demand in the AI market and strategic investments working together.

On July 15 local time, NVIDIA Corporation (NVDA), a leading AI semiconductor company, closed trading at $212.50 on the New York stock market, up 0.33% from the previous day. This is seen as a relatively solid performance thanks to strong demand in the AI market despite some selling pressure across technology stocks in general. While analysis suggests that Apple and Google masked declines among other semiconductor companies in the Dow Jones futures market on the day, NVIDIA's modest gains suggest that the market is selectively supporting key AI-related companies.

Analysis suggests that NVIDIA Corporation's modest gain is not unrelated to recent reports that the company invested $2 billion in a company helping to develop NVLink replacement technology. This is interpreted as a strategic move beyond strengthening its own technology ecosystem, preparing for future competitive environments and resolving potential technological bottlenecks. This investment demonstrates that NVIDIA, as a key player in AI infrastructure construction, is pursuing innovation and growth from a long-term perspective. As cloud computing company CoreWeave is expected to receive a valuation of $1 trillion, the explosive growth potential of the data center and AI infrastructure market is providing sustained momentum to NVIDIA's core business areas.

However, the background for NVIDIA Corporation's stock price not showing significant gains lies in continued uncertainty in the macroeconomic environment and wariness about the Federal Reserve's monetary policy stance. Persistent inflation pressures and the resulting possibility of rate hikes are leading investors to take a cautious approach to high-growth technology stocks. In particular, the selling pressure on some semiconductor-related companies such as Dell, Sandisk, and Micron indicates that there are mixed perspectives on the industry as a whole, and NVIDIA is also not completely free from this broad market sentiment. There are also growing voices on Wall Street that expectations for rate cuts are weakening, adding to valuation burdens for growth stocks in general.

Nevertheless, there is a critical perspective on Wall Street that NVIDIA Corporation's current stock price already reflects a substantial portion of high future growth expectations. The company has experienced sharp stock price increases in recent years, and there are indications that optimism about AI technology has become excessive. Some analysts have warned that "while there is no disagreement that the AI boom will last long-term, downward pressure on stock prices should not be overlooked given the possibility of companies adjusting the pace of data center investments or the persistence of macroeconomic uncertainty." Additionally, competitors' efforts to develop AI chips and major tech companies' moves to design their own chips could pose potential threats to NVIDIA's monopolistic position.

A Goldman Sachs analyst pointed out that "while NVIDIA Corporation's dominance in the AI semiconductor market remains overwhelming, it will be difficult to justify its high valuation without sustained innovation and investment given intensifying competition and the pace of technological change," calling for the company's strategic response from a long-term perspective. Going forward, NVIDIA Corporation's stock price momentum will depend on the actual growth rate of the AI market as well as how successfully the company maintains its competitive advantage through investment in new technologies and ecosystem expansion. According to technical analysis, the $200 level may act as a strong support line, and the short-term resistance line is expected to form around $220. In the medium to long term, the results of AI ecosystem expansion and new technology investments are expected to be key drivers of stock price increases.

[Investment Disclaimer] The data and analysis provided in this article are reference information based on market conditions and do not guarantee returns on specific stocks or recommend buying or selling. All final investment decisions and responsibilities rest with the investor.