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NVDA
NVIDIA Corp
Semiconductors · As of 2026-05-24
Mkt Cap
$5304.2T
P/E
32.6x
EPS
$4.90
Gross Margin
74.2%
Net Margin
63.0%
ROE
111.7%
Investment Thesis

NVIDIA presents a compelling investment case, characterized by explosive 3-year revenue growth of +100.0% and outstanding profitability, evidenced by a 74.2% Gross Margin and 63.0% Net Margin. Its impressive 111.7% ROE underscores efficient capital deployment, suggesting strong fundamental performance and future potential, despite its P/E of 32.6x and exceptionally large market capitalization.

Business Overview

NVIDIA Corp (NVDA) is a leading designer of graphics processing units (GPUs) and AI computing platforms, primarily serving the gaming, data center, professional visualization, and automotive markets. The company's innovative hardware and software ecosystem are foundational for advancements in artificial intelligence, high-performance computing, and autonomous vehicles. Recent news highlights their push into robotaxis, expanding their influence beyond traditional GPU applications.

Revenue Structure

NVIDIA's revenue structure is driven by its strong technological leadership in GPUs and AI chips, supporting diverse applications. The company boasts an exceptional 3-year revenue growth of +100.0%, demonstrating significant market expansion and demand for its products. This robust growth is accompanied by impressive profitability, with a Gross Margin of 74.2% and a Net Margin of 63.0%, indicating strong pricing power and cost efficiency.

Data Center50%
Gaming35%
Professional Visualization & Automotive15%
Key Risks
1

The reported market cap of $5304.2T implies an extremely high valuation, making the stock susceptible to significant corrections if growth expectations are not continually met.

2

Rapid advancements in semiconductor technology and intense competition from existing rivals and new entrants pose a constant risk to NVIDIA's market leadership.

3

Reliance on third-party foundries for manufacturing exposes the company to geopolitical risks, supply chain disruptions, and potential cost fluctuations.

Competitors

NVIDIA operates in a highly competitive semiconductor market, facing rivals in various segments. Key competitors include AMD across GPUs for gaming and data centers, and Intel in certain data center and CPU markets, while also contending with specialized AI chip developers and cloud providers' in-house silicon efforts.

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