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Ebube Jones

Valued at $3.43 Trillion, Is Nvidia Stock Really Undervalued?

Nvidia Masayoshi Son SoftBank Jensen Huang NVDA Artificial Intelligence CoreWeave

The polls haven't even closed this Election Day, but one early winner is being named - Nvidia (NVDA), the artificial intelligence (AI) chip giant. Earlier today, the newly named Dow Jones Industrial Average ($DOWI) constituent once again edged past Apple (AAPL) to become the world's largest company by market cap, with NVDA's $3.43 trillion tally comparing to AAPL's $3.38 trillion.

As the two tech giants seem poised to keep jockeying for position in the short term, it's worth considering one bold proclamation that recently turned heads across Wall Street. Speaking at a conference last week, SoftBank (SFTBY) CEO Masayoshi Son declared that Nvidia, despite its global scale, is still "undervalued." 

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