By Anthony Di Pizio, The Motley Fool
Publication Date: 2026-04-07 19:13:00
The S&P 500 index has plunged almost 9% from its January all-time high amid ongoing geopolitical tensions in the Middle East. With oil prices soaring, Wall Street is worried about a slowdown in the U.S. economy and in corporate earnings.
Some individual tech stocks have declined even more sharply than the S&P 500, including Nvidia (NASDAQ: NVDA) which is currently down 20% from its record high. While the company could be impacted by economic uncertainty in the short term, demand for its data center chips is likely to remain rock-solid in the medium and long term, given their critical role in artificial intelligence (AI) development.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Nvidia stock is currently cheaper than the S&P 500 on a forward price-to-earnings (P/E) basis for the first time in 13 years, presenting investors with a potential once-in-a-decade buying opportunity. Here’s why they might want to grab it with both hands.
Nvidia’s primary data center chips are called graphics processing units (GPUs). They are designed for parallel processing, which means they are great at handling multiple tasks simultaneously, making them ideal for data-intensive workloads like AI training and AI inference.
Its current flagship GPU is the GB300, which is…
