📰 $NVDA: Summit Insights Downgrades to Hold from Buy We expect NVDA to beat expectations due to strong demand, supply chain, and product leadership. However, we’re downgrading the stock as its risk-reward is less attractive, given high whisper numbers and rumors of entering the PC MPU market. While datacenter growth for training will support NVDA, lower computing needs for inference could hurt its finances mid-to-long term. We see NVDA’s growth slowing in 2H FY26 as GPU supply meets demand.