Holding a 90% market share in GPUs for generative AI, Nvidia saw its stock soar over the past two years, contributing significantly to the S&P 500's returns. Despite a recent 10% drop, anticipation that the company will be able to rebound following a decline on its recent Q2 report released on August 28 remains high. The company continues to report triple-digit revenue growth, and while margins have come down, many investors do like the $50 billion buyback announced by Nvidia, signaling the company still believes its stock is cheap.