S&P Global Ratings upgraded Nvidia's $NVDA rating to 'A+' from 'A'…

· Jun 6

S&P Global Ratings upgraded Nvidia's $NVDA rating to 'A+' from 'A' with the expectation that the chipmaker will be able to generate stronger growth over the next few years.

Nvidia is considered a "major beneficiary of rapid investment in generative artificial intelligence (AI) from cloud service providers and enterprises."

' The new rating reflects a complete solution from silicon to systems to software, which we believe represents a major competitive advantage in the medium term."

What do you, and Nvidia, hold steady?

A community member's personal view, not investment advice. Community Guidelines

Barrett Gardener @justbarrett Jun 6

He may very well keep going, but jumping in at the moment doesn't seem sensible to me anymore.

Rickie Reeve @rickiereeve Jun 6

The valuation is completely meaningless according to the numbers. This is probably going to make a few investors unhappy.

Ralphie Barlow @ralphiebarlow Jun 6

It is, but that doesn't mean they can't continue to grow.

Bill Combs @billcombs Jun 6

I don't own shares of $NVDA, so I just follow the stock.

Ralphie Barlow @ralphiebarlow Jun 6

Too much wilderness for me 😄

Nikolas Gabriels @nikgab Jun 6

The trend may continue, as may the rise in Nvda's share price thanks to AI. But I don't want to be there when it pops, so I'm not holding.

Ralphie Barlow @ralphiebarlow Jun 6

But what if that valuation starts to make sense in light of new products and technologies that are gradually being monetized?

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