Tae Kim, author of “The Nvidia Way” and founder of Key Context, says Nvidia Corp. (NASDAQ:NVDA) is trading at its cheapest valuation in years despite accelerating fundamentals.
Cheap On Every Metric That Matters
"We're talking about nearly 80% growth on an $80 billion figure in just three months," Kim said during a Wednesday episode of TBPN. He also noted that the stock trades at about 19 times forward earnings, below the S&P 500's multiple, even though the index is growing at only around 10%. “Nvidia is becoming more and more undervalued,” he added.
Separately, Jensen Huang, this week, said Nvidia’s Vera CPU platform targets a “brand new” $200 billion TAM in agentic AI workloads, widening the company’s total addressable market beyond GPUs.
Competition Is A Rounding Error
