Nvidia's Market Cap Just Fell Below $5 Trillion. Here's Why It's a Buying Opportunity

Nvidia's stock has declined since its May earnings report, with market cap falling below $5 trillion from a peak of $5.5 trillion. Despite concerns about GPU competition and hyperscalers developing custom AI chips, the article argues Nvidia remains a strong buy due to its 94% GPU market share, sticky CUDA ecosystem, upcoming Vera Rubin platform, and continued customer commitments. The company is also entering the CPU market with potential $200 billion opportunity from agentic AI demand.