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Added to YB: 2024-07-31

Pitch date: 2024-06-30

NVDA [bullish]

NVIDIA Corporation

+43.94%

current return

Author Info

No bio for this author

Company Info

NVIDIA Corporation operates as a data center scale AI infrastructure company. The company operates through two segments, Compute & Networking, and Graphics segments.

Market Cap

$4.3T

Pitch Price

$123.41

Price Target

N/A

Dividend

0.02%

EV/EBITDA

31.85

P/E

36.20

EV/Sales

19.72

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Fidelity Puritan Fund Portfolio Holding: NVIDIA Corporation

NVDA: +37% gain, dominates AI chip market. Record Q1: sales tripled, earnings up 7x. Raised forecast. Still attractively priced despite gains, given earnings growth potential. Fund's #2 holding at midyear after modest reduction. Powering generative AI demand with advanced graphics chips.

Read full article (1 min)