Overhang Fades

The market could shift focus back to demand if large cloud customers and Nvidia’s own disclosures indicate that AI-chip orders remain intact. This scenario is less likely while board leaks continue, but it is realistic because Nvidia’s near-term revenue is driven by backlog and hyperscaler capex commitments.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.