NVIDIA Now Trades at a Multiple You’d Expect on an Unloved Industrial Stock, Not the World’s Most Powerful AI Company
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) at $196.50 sits at an interesting level.
The “sell in May and go away” instinct collides with an AI capex cycle where startups complain about compute shortages while sitting on record funding rounds. NVIDIA designs the GPUs and networking fabric that have become the substrate of the AI economy.
Original reporting: 24/7 Wall St..
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