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Nvidia’s AI Premium Under Pressure | Durham News
Nvidia’s stock, once the AI boom’s darling, is facing a reality check as its valuation slips despite soaring demand. After a jaw-dropping 1,000% surge since ChatGPT’s debut, the chip giant now trades at its lowest forward P/E since 2019, trailing even rivals AMD and Intel. While still above its long-term averages, it’s stuck below its 50-day moving average—meaning any rebound needs to break above $209 to $210 to signal a true breakout. With earnings looming, Nvidia must prove AI demand translates into profits amid rising rates and stiff competition—or risk losing its premium valuation. Listen…
The skinny
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