Lynx Equity issued a positive outlook on Nvidia Corp. (NASDAQ:NVDA) ahead of the company's Computex keynote, citing the event as a potential catalyst.
Nvidia shares have declined since the recent earnings event, while other AI semiconductor stocks reached new highs. Despite the pullback, the stock has delivered a 53.96% return over the past year and trades at a P/E ratio of 32.78 with a low PEG ratio of 0.29.
Lynx Equity expects the CEO to address the stock's recent underperformance during the keynote scheduled for Sunday night. Details on the $20 billion revenue and $200 billion total addressable market for CPUs related to Agentic AI, the ramp trajectory for the Rubin platform within the $1 trillion GPU AI systems outlook, and a long-term outlook for the networking segment are anticipated.
The firm noted that competition from application-specific integrated circuits at hyperscalers has weighed on the stock's valuation. The CEO was reported hosting a dinner with executives from Foxconn, TSMC, Delta Electronics, Compal, and Pegatron.
Lynx Equity has maintained a cautious stance for nearly a year but sees risk-reward tilting to the upside heading into Computex. For deeper analysis, access Nvidia's Pro Research Report on Bond.az.
