Huang Defends Nvidia as 'Growth Value Stock' Amid Rising Competition
Nvidia CEO Jensen Huang defended his company against falling stock metrics, calling it 'the world's first and only growth value stock.'
Huang stated that the market misunderstands Nvidia's true long-term power.
This comes as Apple reaches a record $5 trillion market capitalization on strong phone sales, with its stock touching almost $345.
Analysts say competition will rise and Nvidia's margins could face pressure due to major clients building custom in-house chips.