In the short term, probably not. By most accounts, T4 and T4i sales won't really register until Q3, which is why NVDA gave lower guidance after the last earnings. We might see some minor movement if product announcements are made, but I expect us to trade sideways until Shield, T4, and T4i can start to make inroads on the margins. I'm content to collect the dividend until this fall, and I'm very curious to see the guidance for next quarter. That should give us some insight on whether or not NVDA expects to take away marketshare from QCOM in the smartphone market, and whether or not we can expect Shield to be a seller.
But, I'm an investor, not a trader so this is a marathon, not a sprint. Long term, I expect NVDA to move up nicely to the upper teens, possibly even breaking 20, but it will take some time to see the rewards of their new products. They've beaten on recent earnings, and I don't expect that will change. It's undervalued and a cheap stock, if people have the patience to wait it out.