Quartz·1 min read·medium
Nvidia stock hits cheapest valuation since before the AI boom after shedding $1 trillion
✦AI Summary
Nvidia's stock valuation has dropped to its lowest level since before the recent AI-driven market surge. The company's shares are now trading at 18 times forward earnings, falling below the S&P 500 average.
Nvidia stock is trading at 18 times forward earnings — below the S&P 500 — after falling 16% from its May all-time high
businesstechnology
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in