Glonghui, Feb. 23 | Nvidia closed with a sharp rise of 16% amid an optimistic revenue outlook, driving A-share Nvidia concept shares active at the beginning of the market. Zhuolang Technology rose more than 10%, and Lin Weina rose more than 8%, while China Fortis, Hongbo shares, Bojie shares, Alto Electronics, and Advanced Digital Communications followed suit. Analysts say Nvidia is still one of the lowest-valued AI stocks, and the valuation is still lower than its peers. The dynamic price-earnings ratio based on earnings per share expectations is about 32 times, while competitor AMD is 45 times. Amazon and Microsoft are all valued higher than Nvidia, and the price-earnings ratio of the Nasdaq 100 Index is 25 times higher. Even considering the sharp rise since the beginning of the year, Nvidia is still one of the lowest-valued AI stocks. Dan Ives, senior stock analyst at Wade Bush, said that the artificial intelligence (AI) party has only just begun, and Nvidia's stock price may reach four digits.
A股异动丨英伟达概念股活跃，卓朗科技涨超10%
A-share changes丨Nvidia concept stocks are active, and Zhuolang Technology rose more than 10%
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.