Shay Boloor Highlights Nvidia's 'Fundamentally Illogical' Valuation Discount As NVDA Eyes 'World Leader' Status In CPUs

Ahead of its fiscal second-quarter report, Shay Boloor, Chief Market Strategist at Futurum Equities, highlighted that Nvidia Corp. (NASDAQ:NVDA), trading at a “valuation discount,” is “fundamentally illogical.” Citing a bullish research note from Raymond James, Boloor emphasized that Nvidia is trading at a notable discount relative to the broader S&P 500 despite robust earnings momentum, even as the chipmaker expands beyond graphics processors, with Raymond James projecting Nvidia could become t