Dean of Valuation Aswath Damodaran Says He’d Rather Have His Money in Intel Than NVIDIA (NVDA)

Core Insights - Analysts are discussing NVIDIA Corp (NASDAQ: NVDA) with mixed sentiments, highlighting its high valuation despite its strong market position [1][2] - NVIDIA's recent quarterly revenue growth of 56% indicates a slowdown compared to nearly 100% YoY growth in previous quarters, attributed to increased competition and capital expenditure limitations [2][3] - The company has signed a significant AI infrastructure deal with Intel, involving a $5 billion investment, which is expected to create a $50 billion total addressable market (TAM) for both companies [3] Company Performance - NVIDIA's strong position in the data center market is expected to continue, although growth may not match previous rates due to rising competition from companies like Broadcom [3] - Analysts from Macquarie Core Equity Fund noted that NVIDIA performed well amid renewed AI optimism, but the fund's relative underweight in NVDA negatively impacted returns [4] Investment Sentiment - Aswath Damodaran expressed a preference for Intel over NVIDIA, citing that his Intel investment has outperformed NVIDIA since September of the previous year [2] - There is a belief among some analysts that while NVIDIA has potential, other AI stocks may offer better returns with lower risk [4]