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Nvidia Stock Is ‘Too Cheap to Ignore,’ Says Analyst

There’s no escaping the difficult macroeconomic environment as was evident in Nvidia’s (NVDA) latest quarterly report. Over the past few years, the chip giant has habitually delivered beat-and-raise results. But although the company came good this time around on the “beat” element, the “raise” factor was missing. In F1Q23, Nvidia generated revenue of $8.29 billion, amounting to a 46.3% year-over-year increase and coming in above the $8.11 billion anticipated by analysts. Similarly for the bottom