Nvidia trades near its lowest forward P/E relative to its 10-year history in 5+ years despite ~75% gross margins, as concerns grow over customer concentration and circular AI financing.
Nvidia's Earnings to Test AI Trade Amid Hyperscaler Spending, Memory Shortages, and AI-BubAI News
Nvidia trades near its lowest forward P/E relative to its 10-year history in 5+ years despite ~75% gross margins, as concerns grow over customer concentration and circular AI financing.