Despite Generative AI Tailwinds, We Think Nvidia Stock Is Overvalued
- Tuesday, April 4, 2023, 7:20
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Nvidia (NASDAQ: NVDA) stock has risen by over 90% year-to-date, trading at about $278 per share. Now the company’s Q4 FY’23 results were mixed, with revenue declining by about 21% year-over-year to $6.05 billion.
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