Nvidia Valued at P/E 24 with Intel Partnership Boosting AI Chip Supply
Nvidia is trading at a forward P/E of 24, reflecting reasonable valuation amid pullbacks and strong earnings growth. Intel’s revival plan includes a partnership with Nvidia to strengthen AI chip manufacturing capacity alongside SoftBank and U.S. government backing.
1. Reasonable Valuation Amid Pullback
Analysts highlight Nvidia’s forward P/E ratio of 24 as attractive given the company’s sustained earnings growth despite recent stock price corrections, suggesting continued investor confidence in its AI-driven chipset business.
2. Strategic Collaboration with Intel
Intel’s turnaround strategy involves securing major investments and partnerships — including with Nvidia, SoftBank, and U.S. government agencies — to expand manufacturing operations and meet surging AI data-center chip demand.