The Bull Case on Why Nvidia’s Recent Results Are a Strong Buy Signal

Core Viewpoint - Nvidia remains a highly sought-after investment due to its leading position in the AI revolution, driven by its high-performance GPUs [2][3] Financial Performance - Nvidia reported quarterly revenue exceeding $35 billion, reflecting a 94% year-over-year growth, with earnings per share (EPS) more than doubling to $0.78 from $0.37 in the same quarter last year [5][8] - The company expects Q4 revenue around $37.5 billion, driven by strong demand for its new Blackwell GPUs [5] Market Position and Valuation - Nvidia's stock has shifted from being a potential growth story to one driven by fundamentals, with its share price appreciation slowing relative to revenue and earnings growth rates [6][7] - Despite recent earnings that exceeded analysts' expectations, Nvidia's stock has become cheaper relative to its growth rate as investors anticipate business maturation [7][8]