Why I'm Still Holding Nvidia (NVDA) Stock Despite Its Sky-High P/E Ratio

A market commentary argues investors may still have an opportunity in Nvidia despite a high valuation. The piece says Nvidia (NASDAQ: NVDA) has generated average annual gains of 63% over the past decade, turning a $10,000 investment 15 years ago into about $7.5 million with dividends reinvested or $6.9 million without. It addresses whether the timing is too late, noting a price-to-sales ratio of 17 as of Aug. 26. The author points to Nvidia’s shift from gaming toward data-center chips for AI and highlights results including second-quarter revenue up 106% year over year to $96 billion, with data-center revenue up 117% to $89 billion. It also cites a $12.9 billion acquisition of Hugging Face.