{
  "id": 317927,
  "title": "Nvidia’s valuation is lowest in 10 years despite mind-blowing AI demand, BofA say",
  "url": "https://urgent.news/2026/08/08/nvidias-valuation-is-lowest-in-10-years-despite-mind-blowing-ai",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-08T17:22:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/nvidias-valuation-is-lowest-in-10-years-despite-mindblowing-ai-demand-bofa-say-4847675"
  },
  "original_language": "en",
  "account": "Nvidia's valuation has hit its lowest point in a decade despite surging demand for its artificial intelligence technology, according to a Bank of America analysis. The chipmaker is set to launch a multi-quarter upgrade cycle with shipments of its next-generation Vera Rubin chips, with analysts forecasting strong revenue growth. BofA raised Nvidia's stock rating to a Buy and maintained a $350 price target, calling it their top pick in the sector. The brokerage highlighted Nvidia's compelling valuation, trading at a 16-times forward price-to-earnings multiple, the lowest in ten years.\n\nThe firm addressed two key concerns: rising component inflation and vendor-financing schemes. BofA argued that memory cost headwinds on upcoming Vera Rubin systems are limited, and Nvidia's direct partner equity commitments are only 15% of its projected cash flow. While rising DRAM prices have been a concern, BofA believes Nvidia is uniquely insulated by its pricing power, supplier relationships, and high selling prices for its rack-scale architectures. Analysts expect Nvidia to maintain dominance in the AI accelerator market through 2030 with annual EPS reaching $25 or more.",
  "summary": null,
  "key_points": [
    "Nvidia's valuation is at decade-low despite high AI demand",
    "BofA upgrades Nvidia to Buy with $350 price target",
    "Vera Rubin chips upgrade cycle to boost revenue growth"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April (Nichiket Sunil/Reuters)",
        "url": "https://urgent.news/2026/08/07/sydney-based-ai-data-center-company-firmus-raised-2b-in-funding-from",
        "published": "2026-08-07T03:55:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}