Nvidia’s data-center sales could disappoint in the first half of the year but that's not a reason to sell the stock, according to Mizuho analysts.

Since the beginning of 2023, Nvidia (NASDAQ: NVDA) has added a whopping $2.8 trillion to its market capitalization on the back of soaring demand for its data center chips, which are the gold standard for developing artificial intelligence (AI).

Nvidia (NASDAQ:NVDA) is set to report earnings on February 26, and it can be a major catalyst for the AI chipmaker. Investors will get to see how much the business is growing and receive guidance for what future growth will look like.

Rather than a disaster, the drop in Nvidia stock caused by DeepSeek looks like a terrific opportunity for long-term investors. As shown below, the forward price-to-earnings (P/E) ratio dropped sharply along with the stock price.

Nvidia (NVDA) stock faced a market cap loss of close to $600 billion on a single day last month due to fears triggered by China’s DeepSeek

Nvidia Corp. investors have typically rushed to buy the stock on any dips. But the mood since the DeepSeek-driven rout has been different, signaling that fears of a slowdown in AI spending aren’t going away.