Could Nvidia Be the Cheapest Way to Own the AI Boom Right Now? Here's What You Need to Know Before Earnings
Nvidia has badly lagged its sector in 2026, creating a valuation gap relative to its peer group.
Overview
Nvidia (NASDAQ: NVDA) has become the most dominant and profitable company in AI infrastructure, and it's not even close. It's also been one of the worst-performing chip stocks so far in 2026, despite posting incredible business results. While the PHLX Semiconductor Index has gained more than 60% so far this year, Nvidia is up by roughly 12% year-to-date as of this writing.
That's a big performance gap. Let's take a step back to look at why Nvidia has been such an underperformer in 2026, the important valuation metrics to know, and whether Nvidia is a cheap stock -- or cheap for a reason.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.