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Nvidia’s Valuations Show AI Rally Isn’t a Bubble, DBS Says

Key Points

Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks remain far from bubble territory, DBS Group Chief Investment Officer Hou Wey Fook said.

Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks remain far from bubble territory, DBS Group Chief Investment Officer Hou Wey Fook said.
Nvidia (ORG) Nvidia Corp.’s (ORG) DBS Group Chief Investment (ORG) Hou Wey Fook (PERSON)
Originally published by Bloomberg Technology Read original →