$NVIDIA(NVDA.US) The broader semiconductor sector weakened after fresh consumer price index data raised concerns that inflation may remain elevated for longer. New monster IPO Cerebras also comes in as stiff competitors in the already concentrated AI chips market, providing more competition to Nvidia. However, I'm not worried at all. Nvidia has led the AI chips race for years and has also been constantly innovating to make sure it stays ahead of competition. With renewed approval of H200 sales to China, this could provide even more profits to the balance sheet of Nvidia. Although the broader market is overvalued right now, I believe Nvidia is trading within reasonable range but won't be surprised if the sell off continues with macroeconomic data concerns. @Bridge Buzz SG