Nvidia’s shares look cheap compared with chipmaker’s growth, Barron’s reports (NVDA:NASDAQ)

Nvidia’s shares look cheap compared with chipmaker’s growth, Barron’s reports (NVDA:NASDAQ)

Justin Sullivan/Getty Images News

Nvidia’s (NASDAQ:NVDA) shares are relatively undervalued, trading at 26 times forward earnings despite Wall Street’s forecast for a 57% increase in revenue this year, Barron’s reported on Sunday.

The…

Article Source
https://seekingalpha.com/news/4423857-nvidias-shares-look-cheap-compared-with-chipmakers-growth-outlook-barrons-reports

More From Author

Labour head of Commons tech group warns No 10 not to ignore AI concerns

Labour head of Commons tech group warns No 10 not to ignore AI concerns

Nvidia forms 6G un-Alliance to expand mobile network presence – The Mobile Network

Nvidia forms 6G un-Alliance to expand mobile network presence – The Mobile Network

Listen to the Podcast Overview

Watch the Keynote