From Nasdaq: 2024-11-05 09:00:00

Masayoshi Son, the CEO of SoftBank, is known for savvy investments. SoftBank’s acquisition of Arm Holdings for $32 billion in 2016 has paid off, with Arm now worth nearly $150 billion. Son believes Nvidia is undervalued, citing its growth in AI hardware and software. However, competition from big tech companies could pose challenges for Nvidia’s future profitability. Son’s claim that Nvidia is undervalued may not hold up in the long run. While Nvidia’s current valuation multiples may seem reasonable, rising competition could impact its future growth potential. The Motley Fool Stock Advisor team does not currently recommend Nvidia as a top stock pick.



Read more at Nasdaq: SoftBank CEO Masayoshi Son Says Nvidia Is Undervalued. Here’s Why I Disagree.