"Even with a decelerating growth rate on huge numbers, Nvidia's CY2025 PEG ratio stands at about 0.8x on our estimates. This ratio is 33% less than Broadcom's and the lowest in the Mag 7 by a wide margin," Reitzes said. Nvidia stock is up 197% year-to-date and trading about 2% below its record high of $149.77 per share.

At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive Nvidia’s DGX B200 systems.

SoftBank Group Corp. will be the first Nvidia Corp. customer to build a supercomputer based on the chipmaker’s new Blackwell design, a move to meet growing demand in a country eager to catch up in artificial intelligence.

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.

SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial intelligence supercomputer in Japan. The companies plan to build the system — which they call Japan's most powerful supercomputer — in early 2025.

Nvidia chips will be used in SoftBank's supercomputer. It's a sign of the company's dominance in advanced AI hardware.

SoftBank Group Corp., in collaboration with Nvidia Corp., is set to unveil Japans largest AI supercomputer powered by advanced Blackwell chips. This landmark project is a bold stride toward positioning Japan as a leader