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Nvidia Stock InvestorsThe Motley Fool
•79% Informative
Larry Ellison owns 42% of Oracle , a $465 billion technology giant.
Oracle is building some of the most powerful data centers for artificial intelligence (AI) development.
Nvidia supplies Oracle and most other tech companies with data center chips called graphics processing units (GPUs) Nvidia has experienced an eye-popping surge in its revenue over the past year , and demand continues to outstrip supply.
Nvidia 's fiscal 2026 will begin at the end of January 2025 , and Wall Street expects the company to deliver $ 4.02 in earnings per share for the year .
That places its stock at a forward P/E ratio of just 28.8 .
A slowdown in Nvidia 's business will eventually come because the sheer magnitude of current AI spending will be very difficult to maintain over the long term.
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