TSLA - Is Nvidia Stock A Buy On The Dip? Just Look At Its Resilience Without Arm

• Nvidia's market value has dipped as much as 32% from peak-to-trough this year due to rising pressure on equity prices amidst the impending tightening of monetary policy.
• Yet, the chipmaker has recently demonstrated resilience even after the announcement of its failed Arm deal.
• Despite the stock price's brief setback on Monday's announcement of the failed Arm deal, investors have not been deterred from bringing the stock back up by more than 6% since.
• The stock's recent upward momentum despite ongoing market volatility implies the return of investors' confidence in the company's robust growth prospect in coming years even if it means Nvidia will be doing it alone.
• While Nvidia's recent price pullback still makes it one of the most expensive stocks on the market, it remains a strong investment pick with further gains on the horizon thanks to its enabling role in key digital trends ahead.

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