
Written by Philip D. HeatonJune 24, 2024
NVIDIA’s Stock Valuation Challenges Amidst AI Surge
Business & Industry Article
NVIDIA Corp. has emerged as the most expensive stock in the S&P 500 Index, trading at approximately 23 times its projected sales for the upcoming year. This valuation, propelled by the current artificial intelligence (AI) boom, poses significant uncertainties for both analysts and investors alike. The demand for NVIDIA’s chips, driven by the AI frenzy,
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