The valuation gap between $NVIDIA(NVDA)$ and $Advanced Micro Devices(AMD)$ is getting harder to overlook.
$NVIDIA(NVDA)$ is projected to grow 46% annually through 2028, trading at just 13x forward 2028 earnings.
Meanwhile, $Advanced Micro Devices(AMD)$ is expected to grow 44% annually through 2028, yet trades at a steep 30x 2028 earnings.
One of them seems seriously mispriced, and it looks like $NVIDIA(NVDA)$ is the one that's way too cheap.
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