Nvidia's Broken AI Story: Fundamentals Run Away From Discounted Valuations

Nvidia Corporation's full-stack AI factory across hardware (CPU/GPU/LPU/networking) and proprietary CUDA platform (including Hugging Face) underscores their AI godfather status. The insatiable compute demand and growing customer base (including the accelerating ACIE segment) diversify revenue and reduce reliance on hyperscalers opting for custom chips. NVDA guides for FY2028 revenue growth of +70% YoY and gross margins of 72–73%, with these numbers merely gated by supply/component headwinds.