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There might be no company that represents the artificial intelligence (AI) boom quite like Nvidia ( NVDA -0.79% ) . The thriving chipmaker is firing on all cylinders right now.

And it has rewarded its shareholders in remarkable fashion. I'm sure you're looking at ways to gain exposure to the ongoing AI trend. However, perhaps it's best to forget about Nvidia.



Instead, consider buying this other " Magnificent Seven " stock instead. High expectations for Nvidia Nvidia impressed investors once again with a fantastic financial report. During the three-month period that ended April 28 (Q1 2025), the business revealed that revenue skyrocketed 262% year over year to $26 billion.

Operating income was even more impressive, up 690%. Demand for Nvidia's chips is as robust as ever, particularly in the data center segment. Looking ahead, executives believe sales will be $28 billion in the current fiscal quarter.

While that would mark a quarter-over-quarter and year-over-year slowdown, it still would mean huge growth for the business. Unsurprisingly, the hype for Nvidia continues to soar as well, as the market remains enamored with AI-focused businesses. Shares trade at a nosebleed price-to-sales (P/S) ratio of 35.

9, indicating just how lofty investors' expectations are. Nvidia looks to be priced for perfection right now. Investors who want to buy Nvidia shares today are probably not too happy that they missed the stock's monumental rise.

This might be a bold statement, but at this point, .

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