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Nvidia remains a long-term buy despite share weakness and CEO scandal, with $165 support as a key entry point.

Market News
10 Nov 2026, 15:10 WIB
Seeking Alpha
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Bullish
Nvidia remains a long-term buy despite share weakness and CEO scandal, with $165 support as a key entry point.

Nvidia's core business continues to thrive amid market pessimism and a CEO scandal, driven by strong demand for AI infrastructure and hyperscaler capital expenditure. The physical wear on chips ensures recurring replacement cycles, supporting sustained profitability even if margins compress to around 50% after market saturation. Current share weakness offers a buying opportunity near the $165 support level. Investors are advised to be patient and wait for further price declines amid ongoing market turbulence before building a position.

Nvidia shares are trading at USD 177.16 on Pluang, down 0.85% as of Nov 10, 2026 20:21 WIB. The stock remains well above its 52-week low of USD 165.17, with a market cap of $4.31 trillion and a balanced order activity of 55% buy and 45% sell.

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