NDAQ:NVDA - Post Discussion
NVIDIA Corp
> Despite being down 8% WoW, NVIDIA remains up 165%
Post by
sdhaka on Sep 19, 2024 8:11pm
Despite being down 8% WoW, NVIDIA remains up 165%
Despite being down 8% WoW, NVIDIA remains up 165% YoY with a P/E of 55.8x, making it the standout performer in the AI sector. NVIDIA’s dominance in AI hardware, particularly GPUs, positions it to continue benefiting from the AI revolution. Investors should expect volatility given its high valuation but remain bullish on its long-term growth prospects.
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