Nearing a decade-low level… this ultra-low Nvidia metric is a major warning sign for chip stocks
A Bloomberg report on the 22nd noted that Nvidia’s forward price-to-earnings (P/E) ratio—based on earnings projections for the next 12 months—has fallen below 17x, nearing a 10-year low. This could serve as a major warning sign regarding the ability of chipmakers to sustain strong profit growth. Nvidia’s current P/E ratio is half of what it […]


