NVDA · Nvidia Corporation
The AI's read
Nvidia is reportedly in talks to invest in Perplexity, and Perplexity plans to deploy Nvidia’s Vera CPUs, reinforcing direct demand for Nvidia hardware and equity exposure. That matters because Nvidia gets pull-through from sales plus upside via stakes in fast-growing AI infra players. The market reaction is a modest pullback, about -2.5%, so traders aren't celebrating but neither is the headline being fully punished. NVDA's RSI is still below 70, so this feels like a strategic positive that hasn't triggered a fresh rerating yet. Our take leans bullish: the deal strengthens Nvidia's ecosystem moat and creates recurring demand drivers beyond one-off chip sales. Conviction is tempered by the overall downtrend and the small negative price reaction, so treat this as an idiosyncratic constructive signal rather than a free pass to increase exposure aggressively.