Nvidia (NVDA) shares trade at a forward P/E of just 12.9 times according to Yahoo Finance AlphaSpace data, versus 18.7 times for the S&P 500, with a PEG ratio of 0.27. The article attributes the selloff to shrinking free cash flow at Alphabet, Meta and Amazon as capex rises sharply, and to concern that hyperscalers may cut capex in 2027, which could mean fewer AI chip orders for Nvidia. On Friday, more than $1 trillion in market value was wiped out and Nvidia finished down 4.22%. Miller Tabak chief markets strategist Matt Maley said “the AI narrative is cracking as profitability concerns intensify.”
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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