NVIDIA's May 19 Moment: A Buy Signal for AI's Future?

NVIDIA (NASDAQ: NVDA) stands at the intersection of two critical forces: the explosive growth of artificial intelligence and its own role as the hardware backbone of the AI revolution. With its COMPUTEX 2025 keynote on May 19, investors face a pivotal question: Is now the right time to buy? The answer hinges on understanding the company’s upcoming product roadmap, financial health, and the broader AI ecosystem it dominates.

The May 19 Catalyst: Jensen Huang’s Keynote

The May 19 keynote by NVIDIA CEO Jensen Huang will be the most anticipated event in the tech calendar this year.

. Analysts expect revelations about the Blackwell GPU architecture, the successor to the Ada Lovelace lineup, which powers the RTX 40 series. Rumors suggest Blackwell could deliver 40% efficiency gains over its predecessor, making it a game-changer for data centers and gaming PCs.

Equally significant is the anticipated launch of the RTX 50 series, which could redefine real-time rendering and AI capabilities. If historical trends hold, NVIDIA’s stock often surges after major announcements: . In 2023, shares rose 15% in the month following its AI-focused GTC event.

Financial Fortitude: Riding the AI Wave

NVIDIA’s financials underscore its dominance. For Q1 FY2026 (ending April 2026), the company projects $43.0 billion in revenue, a 26% year-over-year increase, driven by AI demand. Gross margins are expected to remain robust at 71.0% (non-GAAP), reflecting strong pricing power. The data center segment, which now accounts for 60% of revenue, continues to benefit from partnerships with cloud giants like AWS and Microsoft Azure.

Even more promising is the Blackwell-driven opportunity: NVIDIA’s AI supercomputers, such as the Blackwell-based DGX GH200, are already securing multi-billion-dollar deals. The Stargate Project, a $500 billion U.S. government initiative to build AI supercomputers, relies heavily on NVIDIA’s infrastructure. This bodes well for long-term contracts and recurring revenue.

Risks and Considerations

The path isn’t without obstacles. Competitors like AMD and Intel are accelerating their AI chip efforts, while macroeconomic factors—such as rising interest rates or a slowdown in enterprise spending—could pressure valuations. Additionally, the stock’s current P/E ratio of 52.7x (vs. the S&P 500’s 19.5x) reflects high expectations. .

A misstep at the Computex event—such as underwhelming GPU specs or delayed product timelines—could lead to a short-term selloff. However, the company’s track record of executing on ambitious roadmaps (e.g., the H100, H800, and Grace chips) suggests confidence is warranted.

Why the Bull Case Holds Water

1. AI is a Multi-Decade Trend: NVIDIA isn’t just a GPU vendor; it’s the operating system for AI, with software ecosystems like CUDA, Omniverse, and AI Enterprise. These tools lock in customers across industries.
2. Data Center Dominance: Its Grace Hopper Superchips and GB200 systems are cornering the market for large language model (LLM) training. Over 80% of public cloud AI infrastructure uses NVIDIA hardware.
3. Gaming Resilience: The RTX 50 series could reignite consumer GPU demand, even as the sector faces headwinds from used-market saturation.

Conclusion: A Buy with an Eye on the Horizon

The May 19 keynote is a binary event for NVIDIA investors. If the company delivers on Blackwell’s potential and reinforces its AI leadership, shares could surge, potentially hitting $700–$800 by year-end. Even if the event is merely “in-line with expectations,” the $43 billion revenue target and 71% gross margins provide a solid floor.

Historical context supports this bullish stance: NVIDIA’s stock has outperformed the S&P 500 by 200% over five years, driven by AI’s rise. With $25 billion in cash and minimal debt, the company is well-positioned to weather volatility.

For investors with a 1–3 year horizon, NVIDIA’s blend of innovation, financial strength, and industry tailwinds makes it a compelling buy before May 19. The risks are real, but the upside—anchored in AI’s transformative potential—is enormous.

Final Takeaway: NVIDIA is the engine of AI’s next chapter. Investors who buy before May 19 may be buying into a decade of growth—if the keynote delivers.