NVIDIA: These two AI billion-dollar markets are scarcely priced in with a P/E ratio of 23

NVIDIA (i) is currently a favorite among chip stocks. Even as the demand for custom chips (ASIC) increases for AI inference, the significance of NVIDIA remains intact. Hyperscalers like AWS are signaling that they are expanding their infrastructure using NVIDIA GPUs due to customer demand. The need for computational power is exploding with the market penetration of AI and the agency age. The CapEx of hyperscalers could rise to $1.4 trillion by 2027. Jensen Huang had previously estimated it to be between $3 to $4 trillion by 2030. NVIDIA has a moderate...