Nvidia's AI Opportunity Isn't Being Priced In

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About: NVIDIA Corporation (NVDA)
by: James Brumley
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James Brumley
Long/short equity, value, momentum, long-term horizon
Summary

The artificial intelligence hardware market is expected to increase tenfold from 2018’s levels by 2025.

Nvidia already has a commanding lead in the AI hardware market, and is positioning to maintain that lead.

The potential Nvidia has on the artificial intelligence front isn’t fully priced in, undervaluing NVDA by as much as 20%.

There’s no denying it. The implosion of cryptocurrency and the revival of a mostly-left-for-dead Advanced Micro Devices (AMD) jointly pulled the rug out from underneath Nvidia (NVDA) shares, and to a