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Nvidia Nears Nov. 19 Earnings With Rich Valuation as Reports Point to Huge Orders and Intel Tie-Up

Investors weigh Nvidia's pricing power against the risk of buying before results.

Overview

  • Nvidia shares trade around $199 to $200, putting its market value in the mid-to-high multi-trillion dollar range.
  • Over the last year the company generated about $165 billion in revenue and $86 billion in profit, with consensus calling for fiscal Q3 revenue growth of roughly 56% year over year.
  • Some coverage cites roughly $300 billion in orders for Nvidia’s latest data center chips over the next five quarters, a figure not confirmed by the company.
  • Yahoo Finance reports that Nvidia plans a $5 billion investment in Intel tied to Intel building Nvidia‑custom x86 CPUs, a linkage not corroborated by Nvidia.
  • Valuation concerns persist with the stock around 54 times trailing sales, and many investors are cautious heading into the Nov. 19 earnings release.