From Nasdaq: 2025-06-08 04:25:00

Nvidia (NASDAQ: NVDA) dominates the AI infrastructure market with its GPUs and CUDA software platform, leading to a surge in data center revenue from $4.3 billion to $39.1 billion in just two years. The company foresees data center capex exceeding $1 trillion by 2028, with a strong position to capture a significant share.

Expanding beyond data centers, Nvidia has made significant strides in the automobile market with its DRIVE platform, utilized by major carmakers like Audi, Mercedes, and Toyota. Last quarter, automobile revenue jumped 72% to $567 million, with projections to reach $5 billion this fiscal year. The autonomous driving market presents massive growth potential for Nvidia.

With a forward P/E ratio of 33 times and a PEG ratio below 1, Nvidia’s stock may be undervalued considering its promising prospects in the AI data center and autonomous driving markets. The company’s success in these sectors could lead to substantial returns for investors in the coming years.



Read more at Nasdaq: Nvidia Stock: Forget AI Data Centers, Is This Market Nvidia’s Next Big Growth Driver?