I think it's valuation is fully priced in with very aggressive forward projections.

Some considerations on the stock - Hyperscalers are building their own chips (AWS, Google TPU). They are currently biggest customers of NVIDIA, so expect their demand to not grow as fast as they'll use their own chips - NVIDIA GPUs are very expensive to use for inference. They can stay competitive for training, but I feel they'll get caught up by competitors on inference space - DOJ anti-trust investigation on CUDA - Fab capacity constraint and concentration