Nvidia (NASDAQ:NVDA) valuation gap grows after $119 billion supply test strains AI dip buyers
Nvidia is turning into a tough megacap for investors. The numbers keep coming in strong, but the stock price says traders want more proof the rally can continue. Shares were last at $194.83, down 1.5% from the previous close. Market cap comes in near $4.75 trillion. A recent Motley Fool article distributed by Yahoo noted the stock is up 5% for the year. The S&P 500 rose almost 10% over the same time. It’s been a weak showing for a company after posting record quarterly revenue.