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Nvidia is the world's most valuable company yet cheaper by valuation than Hershey
Nvidia has become the world's most valuable company, driven by the dominance of its chips in AI data centres. Despite its enormous market capitalisation, Nvidia's valuation multiples are lower than those of chocolate maker Hershey, suggesting its shares may be relatively cheap given its earnings growth. The gap between its price rise and revenue growth underpins the argument that the stock remains attractively valued.
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