CNBC host Jim Cramer said Nvidia was trading at its cheapest valuation in a decade, at about 16.5 times forward earnings. His comments came after a recent stock selloff, despite competitive pressure from AMD and some uncertainty surrounding Nvidia’s leadership. The company’s strong revenue growth and forecasts, excluding data-center compute revenue from China, suggest resilience. Investors will watch Nvidia’s upcoming earnings report on November 17, along with changes in U.S. chip-sale policy toward China, Federal Reserve guidance, developments involving AMD and further statements from Nvidia CEO Jensen Huang.
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