Nvidia: Interesting Setup

$NVIDIA (NVDA.US)$
Semiconductor stocks at their lowest level in two years.
Slowing demand in gaming to be offset by data center and automotive demand.
Huge buybacks and a small dividend boosting shareholder value.

EPS growth to resume in 2023, though we would love to see operating expenses be better controlled.
There is no perfect time to buy but we are nearing the levels that are appropriate to scale in again.

NVIDIA is a semiconductor stock and one that we have started buying in the recent onslaught of weakness. We really like how the situation is starting to set up for an investment. Sure, there is always going to be spiking and waning demand, and there will always be shortages and gluts of certain chips. Perhaps we are coming into a glut, as many question whether the Federal Reserve's actions to rein in inflation will have catastrophic impacts on the consumer and businesses alike.