Company updateBusinessLine
Nvidia PE falls to 14-year low amid CEO exit
Negative-18
GreyOak summary
Nvidia shares dropped over 30% from record highs after CEO Jensen Huang resigned amid scandal. The stock trades at 12x earnings, a 14-year low. Investors fear an AI data centre slowdown, though analysts expect 92% revenue growth in the October quarter.
What it affects
- AI and data centresNegative -18
Worries about AI data centre slowdown affect Nvidia.Rolling sentiment Positive +20
