Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects

Nvidia has emerged as a poster child of the AI frenzy and saw a record monthly jump in its market value in January. The searing growth in the stock price - already up 34% so far this year - has made it more expensive to own relative to its peers. Nvidia's shares trade at 31.4 times the company's forward earnings estimate, compared with the industry average of 22.9.
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