$NVDA trading at a forward P/E of 13? Same multiple as $JPM and basically $XOM at 14?
This is wild. You've got the backbone of the AI supercycle—chips powering every model, every inference call, every data center buildout—priced like a bank or an oil major.
$NVDA isn't just a semiconductor play anymore. It's infrastructure for the next decade of compute. Meanwhile $JPM and $XOM are solid, but they're legacy businesses with slower growth curves and no exposure to the AI wave.
If you believe in the AI supercycle (and you should), $NVDA at 13x forward earnings is a gift. The risk/reward here is asymmetric. You're getting growth, margin expansion, and secular tailwinds at value multiples.
Easy call: $NVDA all day.
This is wild. You've got the backbone of the AI supercycle—chips powering every model, every inference call, every data center buildout—priced like a bank or an oil major.
$NVDA isn't just a semiconductor play anymore. It's infrastructure for the next decade of compute. Meanwhile $JPM and $XOM are solid, but they're legacy businesses with slower growth curves and no exposure to the AI wave.
If you believe in the AI supercycle (and you should), $NVDA at 13x forward earnings is a gift. The risk/reward here is asymmetric. You're getting growth, margin expansion, and secular tailwinds at value multiples.
Easy call: $NVDA all day.