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Can Nvidia's AI Bets Support a $1 Trillion Market Cap?

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investopedia.com/will-nvidia-s-ai-bets-support-a-usd1-trillion-valuation-7505320

hit a $1 trillion in market capitalization after the company followed up its blockbuster earnings with the launch of a new supercomputer and AI partnerships, but analysts remain divided whether Nvidia shares are overpriced.
At first glance, Nvidia looks highly priced with a price-earnings ratio—a valuation metric comparing the stock price to earnings per share—of 200 times…

This story from investopedia.com was posted on 2023-06-01 by @wildpursuit.

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