Summary

• Nvidia's earnings delivered an 85% Y/Y revenue surge and higher FY27 guidance, reiterating its primacy in the AI buildout.
• Despite another stellar quarter, NVDA’s price action highlights concerns that much of its upside may be fully priced into the shares.
• Other chip names moved on Samsung’s labor dispute and growing hyperscaler adoption of Marvell’s custom AI ASICs.
• Like many of its Magnificent 7 peers, NVDA has been a Quant Hold since 2024 due to a rich valuation.
• By leveraging Seeking Alpha’s screeners, SA Quant has identified three compelling chip opportunities with similar growth and better valuations.
• I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them.

Nvidia Earnings: Capping the Magnificent 7 Rally

Nvidia (NVDA) shareholders were uneasy ahead of the company’s Q1 earnings release, with the stock drifting lower early in the week before recouping some losses on Wednesday. NVDA’s growth story is as impressive as

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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