The semiconductor stock has a forward multiple of price to earnings that’s 41% below where it was the day that ChatGPT made its debut in late 2022, noted Melius’ Ben Reitzes. That comes against the backdrop of a 788% rise in Nvidia’s NVDA net income for fiscal 2025 relative to fiscal 2023 levels.

Nvidia's trailing 12-month price-to-earnings ratio dropped to 36.4 times on Monday, according to data from YCharts. The decline has been driven by a sharp price decline in Nvidia's stock, which finished Monday down 30% from its intraday record high reached in early January.

Nvidia (NASDAQ: NVDA) stock is starting this week's trading off with another round of sell-offs. The company's share price was down 4.1% as of noon ET Monday amid a 2% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 3.

Artificial intelligence (AI) is rapidly transforming the global economy. The technology's ability to automate complex workflows and deliver predictive insight has ushered in a new era of business efficiency while amplifying human creativity.