Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels

Price Action Impact 4
โดย Bloomberg·Read original
Summary · why it matters

Nvidia has lost roughly $1 trillion in market value in less than two months, sending its stock to its cheapest level since before the AI boom. The shares have tumbled 16% from their May 14 all-time high, now trading at 18 times forward earnings, cheaper than both the S&P 500 and Nasdaq 100. The selloff reflects a rotation into other AI plays like Micron Technology, which has surged 229% this year, rather than a deteriorating outlook, as analysts continue to raise profit estimates. Nvidia still commands 97% of the server GPU market and is projected to earn $228 billion on $393 billion in revenue in fiscal 2027, with an average analyst price target of $302 implying over 50% upside.

Impact on stocks 9

Artificial Intelligence · 5 stocks
Semiconductors · 2 stocks
Energy Transition & Power Demand · 1 stocks
Consumer Staples · 1 stocks