<p><strong>英偉達</strong>(NVDA 2.63%) 的股票近期失去了動力。在週二的交易中，這家受歡迎的芯片製造商的股票年初至今處於負增長狀態，下跌了不到 1%。雖然年初還早，但對於一隻在 2024 年實現 171% 收益的股票來説，這一放緩是值得注意的。</p>
<p>它仍然是全球最有價值的公司之一，市值約為 3.3 萬億美元，但儘管其估值很高，仍然可以認為英偉達可能是一個很好的買入機會。根據一個指標，目前它甚至可能是一個超值的交易。</p>
<h2>英偉達的市盈率與增長比率低於 1</h2>
<p>投資者常用來評估股票的一個倍數是市盈率（P/E）。這告訴你一隻股票相對於其盈利能力的價格有多昂貴，按每股計算。但市盈率倍數可能會根據企業的增長情況和所處行業而有所不同。英偉達的市盈率超過 50，這看起來很高，但如果你期待未來業務有很大增長，這可能是合理的。</p>
<p>這就是市盈率與增長比率（PEG）派上用場的地方。它考慮了分析師對未來增長的預期。如果 PEG 比率在 1 或以下，通常表明根據預期增長這是一個很好的買入機會。根據 Yahoo! Finance 的數據，英偉達的 PEG 比率基於未來五年的預期增長率，目前為 0.96，表明在分析師的當前展望下，這是一個交易機會。</p>
<h2>這是否意味着英偉達的股票將迎來大幅反彈？</h2>
<p>基於其低 PEG 倍數，可能會讓人覺得英偉達還有更多的上漲空間。長期來看確實可能如此。但 PEG 比率依賴於分析師的估計，這些估計可能會隨着時間的推移而變化。而且變化可能很快發生，尤其是在關於科技公司是否過度投資於人工智能（AI）的疑問日益增多的情況下。</p>
<p>由於 DeepSeek AI 模型的出現，投資者似乎對科技支出越來越擔憂，該模型據稱與 ChatGPT 同樣有效，但成本顯著更低。如果是這樣，投資者可能會想知道所有那些英偉達芯片在 AI 開發中是否真的必要。</p>
<p>英偉達近年來的巨大增長是投資者保持樂觀的關鍵原因。如果出現放緩，這很可能會影響股票，可能導致拋售。投資者將在本月晚些時候英偉達發佈財報時更好地瞭解需求的強勁程度，這最終可能決定未來幾周該股票的買入熱度。</p>
<h2>現在是買入英偉達股票的好時機嗎？</h2>
<p>英偉達已成為科技領域的領導者，是一個值得買入和持有的穩健投資。在過去 12 個月中，它在 1130 億美元的銷售額上產生了超過 630 億美元的利潤。這些都是極好的利潤率，使公司有足夠的靈活性來降低價格或利用這些利潤投資於新的增長機會。</p>
<p>這就是為什麼即使科技支出放緩，股票在長期內仍可能保持良好狀態，因為該業務有財務實力適應市場條件的變化。</p>
<p>如果人工智能的熱潮降温，未來一兩年可能會出現波動，尤其是英偉達的股票已與 AI 相關的發展密切相關。然而，只要你願意堅持幾年，並可能度過短期波動，現在投資這隻頂尖科技股可能還不算太晚。</p>

英偉達

<p>英偉達的股票最近下跌，今年下跌近 1%，儘管在 2024 年上漲了 171%。其市值為 3.3 萬億美元，市盈率與增長比率（PEG）為 0.96，表明根據預期增長，它可能被低估。然而，關於科技支出和人工智能投資的擔憂可能會影響未來的需求。英偉達強勁的利潤率提供了靈活性，表明儘管可能面臨短期波動，它仍然是一個穩健的長期投資。投資者正等待即將發佈的財報，以評估需求和股票表現</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>英偉達</strong>(NVDA 2.63%) 的股票近期失去了動力。在週二的交易中，這家受歡迎的芯片製造商的股票年初至今處於負增長狀態，下跌了不到 1%。雖然年初還早，但對於一隻在 2024 年實現 171% 收益的股票來説，這一放緩是值得注意的。</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>它仍然是全球最有價值的公司之一，市值約為 3.3 萬億美元，但儘管其估值很高，仍然可以認為英偉達可能是一個很好的買入機會。根據一個指標，目前它甚至可能是一個超值的交易。</p>
</div><h2>Nvidia's price/earnings-to-growth ratio is less than 1</h2>
<div class="lb-trans"><h2>英偉達的市盈率與增長比率低於 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>投資者常用來評估股票的一個倍數是市盈率（P/E）。這告訴你一隻股票相對於其盈利能力的價格有多昂貴，按每股計算。但市盈率倍數可能會根據企業的增長情況和所處行業而有所不同。英偉達的市盈率超過 50，這看起來很高，但如果你期待未來業務有很大增長，這可能是合理的。</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>這就是市盈率與增長比率（PEG）派上用場的地方。它考慮了分析師對未來增長的預期。如果 PEG 比率在 1 或以下，通常表明根據預期增長這是一個很好的買入機會。根據 Yahoo! Finance 的數據，英偉達的 PEG 比率基於未來五年的預期增長率，目前為 0.96，表明在分析師的當前展望下，這是一個交易機會。</p>
</div><h2>Does this mean Nvidia's stock is due for a huge rally?</h2>
<div class="lb-trans"><h2>這是否意味着英偉達的股票將迎來大幅反彈？</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>基於其低 PEG 倍數，可能會讓人覺得英偉達還有更多的上漲空間。長期來看確實可能如此。但 PEG 比率依賴於分析師的估計，這些估計可能會隨着時間的推移而變化。而且變化可能很快發生，尤其是在關於科技公司是否過度投資於人工智能（AI）的疑問日益增多的情況下。</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>由於 DeepSeek AI 模型的出現，投資者似乎對科技支出越來越擔憂，該模型據稱與 ChatGPT 同樣有效，但成本顯著更低。如果是這樣，投資者可能會想知道所有那些英偉達芯片在 AI 開發中是否真的必要。</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>英偉達近年來的巨大增長是投資者保持樂觀的關鍵原因。如果出現放緩，這很可能會影響股票，可能導致拋售。投資者將在本月晚些時候英偉達發佈財報時更好地瞭解需求的強勁程度，這最終可能決定未來幾周該股票的買入熱度。</p>
</div><h2>Is now a good time to buy Nvidia stock?</h2>
<div class="lb-trans"><h2>現在是買入英偉達股票的好時機嗎？</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>英偉達已成為科技領域的領導者，是一個值得買入和持有的穩健投資。在過去 12 個月中，它在 1130 億美元的銷售額上產生了超過 630 億美元的利潤。這些都是極好的利潤率，使公司有足夠的靈活性來降低價格或利用這些利潤投資於新的增長機會。</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>這就是為什麼即使科技支出放緩，股票在長期內仍可能保持良好狀態，因為該業務有財務實力適應市場條件的變化。</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>如果人工智能的熱潮降温，未來一兩年可能會出現波動，尤其是英偉達的股票已與 AI 相關的發展密切相關。然而，只要你願意堅持幾年，並可能度過短期波動，現在投資這隻頂尖科技股可能還不算太晚。</p>
</div>

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

- Nvidia 股票近期表現疲軟，年初至今下跌近 1%。  
- 其市盈率 (P/E) 超過 50，但價格/收益/增長比率 (PEG) 為 0.96，顯示出投資價值。  
- 投資者需關注即將發佈的財報，以評估需求強度及未來走勢。  

一個仍然表明英偉達是一個超值交易的指標