NVIDIA Corp. (NASDAQ:NVDA) is one of the NVIDIA Corp. (NASDAQ:NVDA)’s shares haven’t seen much love from investors in 2026.
Year-to-date, they are up by a modest 7.3%
DA Davidson discussed the firm on June 5th as it discussed NVIDIA Corp. (NASDAQ:NVDA)’s profit margins in the context of its competitive advantage. The financial firm believes that the chip company is in a comfortable position to sustain its profit margins as its products are in high demand from hyperscalers who are hard-pressed for alternatives. As part of another round of visits to Asia, NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang announced a multi-year deal with Korean memory manufacturer SK hynix to secure precious memory chips for AI GPUs.
NVIDIA Corp. (NASDAQ:NVDA) trades at a forward price-to-earnings multiple of 24.57, which is quite lower than the industry average of 37.29. Baron Opportunity Fund discussed NVIDIA Corp. (NASDAQ:NVDA) in its Q4 2025 investor letter: “At Baron, we are deep research, evidence-based investors. We are positive about AI because it is real.