Nvidia’s Hyper-Growth Keeps Stock Valuation Out of Bubble Zone

For all the handwringing about Nvidia Corp.’s sky-high market value pushing the stock into bubble territory, its revenue growth keeps investors buying.

While the chipmaker’s earnings this week weren’t the blowout Wall Street was hoping for, they did show that its sales are still climbing faster than those by the technology universe more broadly. Nvidia is expected to post revenue growth of at least 42% over the next four quarters, compared with an average of roughly 10% for the tech-heavy Nasdaq 100 Index, according to data compiled by Bloomberg Intelligence.