<p><strong>英伟达</strong>(NVDA 2.63%) 的股票近期失去了动力。在周二的交易中，这家受欢迎的芯片制造商的股票年初至今处于负增长状态，下跌了不到 1%。虽然年初还早，但对于一只在 2024 年实现 171% 收益的股票来说，这一放缓是值得注意的。</p>
<p>它仍然是全球最有价值的公司之一，市值约为 3.3 万亿美元，但尽管其估值很高，仍然可以认为英伟达可能是一个很好的买入机会。根据一个指标，目前它甚至可能是一个超值的交易。</p>
<h2>英伟达的市盈率与增长比率低于 1</h2>
<p>投资者常用来评估股票的一个倍数是市盈率（P/E）。这告诉你一只股票相对于其盈利能力的价格有多昂贵，按每股计算。但市盈率倍数可能会根据企业的增长情况和所处行业而有所不同。英伟达的市盈率超过 50，这看起来很高，但如果你期待未来业务有很大增长，这可能是合理的。</p>
<p>这就是市盈率与增长比率（PEG）派上用场的地方。它考虑了分析师对未来增长的预期。如果 PEG 比率在 1 或以下，通常表明根据预期增长这是一个很好的买入机会。根据 Yahoo! Finance 的数据，英伟达的 PEG 比率基于未来五年的预期增长率，目前为 0.96，表明在分析师的当前展望下，这是一个交易机会。</p>
<h2>这是否意味着英伟达的股票将迎来大幅反弹？</h2>
<p>基于其低 PEG 倍数，可能会让人觉得英伟达还有更多的上涨空间。长期来看确实可能如此。但 PEG 比率依赖于分析师的估计，这些估计可能会随着时间的推移而变化。而且变化可能很快发生，尤其是在关于科技公司是否过度投资于人工智能（AI）的疑问日益增多的情况下。</p>
<p>由于 DeepSeek AI 模型的出现，投资者似乎对科技支出越来越担忧，该模型据称与 ChatGPT 同样有效，但成本显著更低。如果是这样，投资者可能会想知道所有那些英伟达芯片在 AI 开发中是否真的必要。</p>
<p>英伟达近年来的巨大增长是投资者保持乐观的关键原因。如果出现放缓，这很可能会影响股票，可能导致抛售。投资者将在本月晚些时候英伟达发布财报时更好地了解需求的强劲程度，这最终可能决定未来几周该股票的买入热度。</p>
<h2>现在是买入英伟达股票的好时机吗？</h2>
<p>英伟达已成为科技领域的领导者，是一个值得买入和持有的稳健投资。在过去 12 个月中，它在 1130 亿美元的销售额上产生了超过 630 亿美元的利润。这些都是极好的利润率，使公司有足够的灵活性来降低价格或利用这些利润投资于新的增长机会。</p>
<p>这就是为什么即使科技支出放缓，股票在长期内仍可能保持良好状态，因为该业务有财务实力适应市场条件的变化。</p>
<p>如果人工智能的热潮降温，未来一两年可能会出现波动，尤其是英伟达的股票已与 AI 相关的发展密切相关。然而，只要你愿意坚持几年，并可能度过短期波动，现在投资这只顶尖科技股可能还不算太晚。</p>

英伟达

<p>英伟达的股票最近下跌，今年下跌近 1%，尽管在 2024 年上涨了 171%。其市值为 3.3 万亿美元，市盈率与增长比率（PEG）为 0.96，表明根据预期增长，它可能被低估。然而，关于科技支出和人工智能投资的担忧可能会影响未来的需求。英伟达强劲的利润率提供了灵活性，表明尽管可能面临短期波动，它仍然是一个稳健的长期投资。投资者正等待即将发布的财报，以评估需求和股票表现</p>

<p><strong>Nvidia</strong>(NVDA 2.63%) stock has been losing steam of late. Entering trading on Tuesday, shares of the popular chipmaker were in negative territory for the year, down a little under 1%. It's still early in the year, but for a stock that generated 171% gains in 2024, the slowdown is noteworthy.</p>
<div class="lb-trans"><p><strong>英伟达</strong>(NVDA 2.63%) 的股票近期失去了动力。在周二的交易中，这家受欢迎的芯片制造商的股票年初至今处于负增长状态，下跌了不到 1%。虽然年初还早，但对于一只在 2024 年实现 171% 收益的股票来说，这一放缓是值得注意的。</p>
</div><p>It remains one of the most valuable companies in the world with a market cap of around $3.3 trillion, but despite its high valuation, there's a case to be made that Nvidia may still be a great buy. And based on one metric, it may even be a steal of a deal right now.</p>
<div class="lb-trans"><p>它仍然是全球最有价值的公司之一，市值约为 3.3 万亿美元，但尽管其估值很高，仍然可以认为英伟达可能是一个很好的买入机会。根据一个指标，目前它甚至可能是一个超值的交易。</p>
</div><h2>Nvidia's price/earnings-to-growth ratio is less than 1</h2>
<div class="lb-trans"><h2>英伟达的市盈率与增长比率低于 1</h2>
</div><p>A multiple that investors often use to value stocks is the price-to-earnings (P/E) ratio. That tells you how expensive a stock is in relation to its profitability, on a per-share basis. But P/E multiples can vary based on how much growth a business is generating and the sector that it's in. Nvidia's P/E multiple is more than 50, which seems high, but it may be justifiable if you're expecting a lot of growth from the business down the road.</p>
<div class="lb-trans"><p>投资者常用来评估股票的一个倍数是市盈率（P/E）。这告诉你一只股票相对于其盈利能力的价格有多昂贵，按每股计算。但市盈率倍数可能会根据企业的增长情况和所处行业而有所不同。英伟达的市盈率超过 50，这看起来很高，但如果你期待未来业务有很大增长，这可能是合理的。</p>
</div><p>This is where a multiple such as the price/earnings-to-growth ratio, or PEG, comes in handy. It factors in analyst expectations for future growth. If the PEG ratio is around 1 or less, that's generally an indicator it's a great buy based on expected growth. According to data from Yahoo! Finance, Nvidia's PEG ratio, based on its expected growth rate for the next five years, currently sits at 0.96, suggesting that is a deal given the current outlook from analysts.</p>
<div class="lb-trans"><p>这就是市盈率与增长比率（PEG）派上用场的地方。它考虑了分析师对未来增长的预期。如果 PEG 比率在 1 或以下，通常表明根据预期增长这是一个很好的买入机会。根据 Yahoo! Finance 的数据，英伟达的 PEG 比率基于未来五年的预期增长率，目前为 0.96，表明在分析师的当前展望下，这是一个交易机会。</p>
</div><h2>Does this mean Nvidia's stock is due for a huge rally?</h2>
<div class="lb-trans"><h2>这是否意味着英伟达的股票将迎来大幅反弹？</h2>
</div><p>Based on its low PEG multiple, it may be tempting to think that Nvidia still has a lot more upside. And it might, over the long term. But the PEG ratio relies on analyst estimates, which may change over time. And changes could happen soon, especially amid growing questions about whether tech companies are investing too heavily into artificial intelligence (AI).</p>
<div class="lb-trans"><p>基于其低 PEG 倍数，可能会让人觉得英伟达还有更多的上涨空间。长期来看确实可能如此。但 PEG 比率依赖于分析师的估计，这些估计可能会随着时间的推移而变化。而且变化可能很快发生，尤其是在关于科技公司是否过度投资于人工智能（AI）的疑问日益增多的情况下。</p>
</div><p>Investors appear to be growing concerned about tech spending due to the emergence of the DeepSeek AI model, which is supposedly as effective as ChatGPT but costs significantly less. And if that's the case, investors may be wondering whether all those Nvidia chips are truly necessary for AI development.</p>
<div class="lb-trans"><p>由于 DeepSeek AI 模型的出现，投资者似乎对科技支出越来越担忧，该模型据称与 ChatGPT 同样有效，但成本显著更低。如果是这样，投资者可能会想知道所有那些英伟达芯片在 AI 开发中是否真的必要。</p>
</div><p>Nvidia's massive growth in recent years has been a key reason investors have remained bullish. And if a slowdown does happen, that could very well impact the stock, potentially resulting in a sell-off. Investors will get a better idea of how strong demand is when Nvidia reports its earnings later this month, and that could ultimately dictate how hot of a buy the stock is in the weeks ahead.</p>
<div class="lb-trans"><p>英伟达近年来的巨大增长是投资者保持乐观的关键原因。如果出现放缓，这很可能会影响股票，可能导致抛售。投资者将在本月晚些时候英伟达发布财报时更好地了解需求的强劲程度，这最终可能决定未来几周该股票的买入热度。</p>
</div><h2>Is now a good time to buy Nvidia stock?</h2>
<div class="lb-trans"><h2>现在是买入英伟达股票的好时机吗？</h2>
</div><p>Nvidia has become one of the leaders in tech and it's a solid investment to buy and hold. Over the trailing 12 months, it has generated more than $63 billion in profit on sales of $113 billion. Those are fantastic margins, which give the company plenty of flexibility to lower prices or use those profits to invest in new growth opportunities.</p>
<div class="lb-trans"><p>英伟达已成为科技领域的领导者，是一个值得买入和持有的稳健投资。在过去 12 个月中，它在 1130 亿美元的销售额上产生了超过 630 亿美元的利润。这些都是极好的利润率，使公司有足够的灵活性来降低价格或利用这些利润投资于新的增长机会。</p>
</div><p>And that's why even if there is a slowdown in tech spending, the stock may still be in excellent shape over the long run as the business has the financial power to adapt to changing market conditions.</p>
<div class="lb-trans"><p>这就是为什么即使科技支出放缓，股票在长期内仍可能保持良好状态，因为该业务有财务实力适应市场条件的变化。</p>
</div><p>There may be volatility in the next year or two if the hype in AI cools, especially since Nvidia's stock has become synonymous with AI-related developments. However, as long as you're willing to hang on for several years and potentially ride out the short-term volatility, it may not be too late to invest into this top tech stock right now.</p>
<div class="lb-trans"><p>如果人工智能的热潮降温，未来一两年可能会出现波动，尤其是英伟达的股票已与 AI 相关的发展密切相关。然而，只要你愿意坚持几年，并可能度过短期波动，现在投资这只顶尖科技股可能还不算太晚。</p>
</div>

1 Metric That Still Suggests Nvidia Is a Steal of a Deal

- Nvidia 股票近期表现疲软，年初至今下跌近 1%。  
- 其市盈率 (P/E) 超过 50，但价格/收益/增长比率 (PEG) 为 0.96，显示出投资价值。  
- 投资者需关注即将发布的财报，以评估需求强度及未来走势。  

一个仍然表明英伟达是一个超值交易的指标