Nvidia's Stock Valuation Relies on Finding New Markets, Says Valuation Expert

Reported 2 months ago

As Nvidia's stock price dips, finance professor Aswath Damodaran suggests that CEO Jensen Huang must pursue new business ventures to justify its current valuation. He emphasizes that while Nvidia has been successful in emerging markets like gaming and AI, it will need to uncover another significant market opportunity to warrant its peak valuation of $3 trillion.

Source: YAHOO

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