Nvidia P/E Falls to 14-Year Low Amid CEO Exit and AI Worries
Nvidia's P/E ratio has fallen to a 14-year low; the headline cites CEO-exit and AI concerns but gives no further details.
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08:55:59 PM UTC
SquawkNews
By Noel RandewichBy one of Wall Street’s favorite metrics, Nvidia NASDAQ:NVDA shares look like a bargain.Following a steep drop from its October 6 record high, Nvidia’s stock is trading at the equivalent of 12 times expected earnings. That’s its lowest valuation since 2012, when the chipmaker was c…