alt Hacker NewsCan't see how NVIDA justifies its valuation/forward P/E ratio with these developments and on-device also becoming viable for 98% of people's needs when it comes to AI
Can't see how NVIDA justifies its valuation/forward P/E ratio with these developments and on-device also becoming viable for 98% of people's needs when it comes to AI
On-device is incredibly far away from being viable. A $20 ChatGPT subscription beats the hell out of the 8B model that a $1,000 computer can run.
Nvidia's forward PE ratio is only 20 for 2026. That's much lower than companies like Walmart and Costco. It's also growing nearly 100% YoY and has a $1 trillion backlog.
I think Nvidia is cheap.