Nvidia Stock Is Still Cheap, Reckons Fundstrat’s Tom Lee - Barchart.com

NVIDIA, as a leader in the artificial intelligence and high-performance computing sectors, continues to see strong stock performance despite record financial results. Analyst Tom Lee believes the stoc... Read original →

NVIDIA’s dominance in AI computing is reshaping the entire semiconductor ecosystem. Its GPU technology has become the backbone of large model training, driving demand for advanced upstream processes like EUV lithography and 3nm fabrication, with TSMC and Samsung ramping up capacity accordingly. Despite supply chain constraints in Taiwan, China and Hong Kong, China, NVIDIA’s strategic partnerships with AWS and other cloud providers reinforce its infrastructure leadership. Competitors like AMD and Intel are catching up technologically but lack the scale to challenge its market position. While valuations are elevated, strong earnings momentum and industry adoption suggest continued upside. Over the next 12–24 months, as AI expands into edge computing and autonomous driving, NVIDIA’s ASICs and cloud services will deepen their moat, accelerating industry consolidation.