Seeking AI Exposure? Use This Zacks Thematic Screen

Group 1: Artificial Intelligence Overview - Artificial Intelligence (AI) enables computers and machines to simulate human intelligence and perform cognitive functions typically associated with human minds [3] - AI systems process large amounts of data using intelligent algorithms and neural networks to identify correlations and patterns, allowing for automatic learning and predictions [4] Group 2: NVIDIA's Performance - NVIDIA's Data Center sales reached $39.1 billion, reflecting a 73% increase from $22.5 billion in the same period last year [5] - The company has consistently exceeded consensus expectations for its Data Center results [5] - CEO Jensen Huang highlighted the strong global demand for NVIDIA's AI infrastructure, noting a tenfold increase in AI inference token generation over the past year [7] Group 3: Valuation Metrics - NVIDIA shares are currently trading at a forward 12-month earnings multiple of 30.1X, significantly lower than the five-year high of 106.3X and below the five-year median of 50.0X [7] - The current PEG ratio for NVIDIA is 1.1X, which is also well beneath the five-year highs and median [8]