Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ratio of just 28.7. From that perspective, it actually looks quite cheap!

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

Nvidia (NASDAQ: NVDA) has been the stock everyone is talking about for quite some time -- and for good reason. The company dominates the artificial intelligence (AI) chip niche with a market share of about 80%,

Analysts are expecting Nvidia stock to head higher in the next 12 months. The company's solid moat in the AI chip market could ensure healthy levels of growth in the coming year. Nvidia's improving earnings projections indicate that the chipmaker could indeed head higher and deliver robust gains over the next year.

On Wednesday, the Federal Reserve trimmed interest rates aggressively and penciled in further rate cuts by the end of the year. It slashed the benchmark interest rate by a half-point to 4.75-5% for the first time since March 2020.

NVIDIA Corp. (NASDAQ: NVDA) continues to be one of the most hotly debated technology stocks. Your decision to buy or sell NVDA stock may follow the principles you would use to make any decision. In this article,