Wall Street backs Nvidia: $3 million price hike per rack far exceeds HBM costs, 18x PE is 30% lower than peers
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Facing the market's dual concerns over NVIDIA's next-generation product roadmap and memory costs eroding profits, two major Wall Street investment banks have spoken out simultaneously. Using quantitative data and supply chain research, they have “defended” its fundamentals, directly pointing out that the current valuation has fully,