Investing.com -- Nvidia's chief executive has a chance to reignite the company's flagging share price at his Computex keynote address Sunday, and Lynx Equity Strategies thinks he will take it, even as the research firm maintains its long-term cautious stance on the stock.

Nvidia shares have been losing ground since the company's recent earnings report, underperforming AI semiconductor peers despite broadly strong results.

Lynx attributed the weakness partly to investors using the stock as a source of funds, and partly to lingering concerns about the ramp trajectory of its next-generation Rubin GPU architecture and competition from custom chips at major cloud providers.

"The CEO did not make a compelling case at the earnings call," Lynx Equity Strategies wrote, adding that Jensen Huang now has an opportunity to address that at Computex.

The firm stated that investors should watch for elaboration on the $20 billion and $200 billion revenue and total addressable market figures tied to the company's Vera CPU initiative; specifics on the pace of the Rubin ramp underpinning Nvidia's $1 trillion GPU systems outlook; and a long-term update on the networking segment.

Lynx also noted that Huang was spotted in Taiwan hosting a dinner with the chiefs of major supply chain partners, including Foxconn, TSMC and Pegatron, an event the local press dubbed the "trillion yuan feast."

If momentum from other AI names carries over to Nvidia, Lynx believes the stock could approach $250 near term, based on a 20 times multiple on consensus 2027 earnings estimates.