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Superpower rivalry over semiconductors heats up despite Washington’s attempts to block Beijing.

The chart below shows Nvidia’s and its competitors’ forward price-to-earnings (P/E) ratios. Currently, Nvidia’s forward P/E ...

Restrictions on U.S. chips have pushed the Chinese government to invest billions into its domestic supply chain.

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At 22.4 times forward earnings, Nvidia is only slightly more expensive than the S&P 500's 19.8 times forward earnings valuation. This is despite the fact that Wall Street analysts project 54% revenue ...