Nvidia valuation hits a 7-year low

$NVDA is reportedly trading at its cheapest valuation in more than seven years.
That is notable because the stock has climbed nearly 6,000% since the last time valuation looked this compressed.
The market is no longer just paying for past growth.
It is trying to decide whether Nvidia’s AI earnings power can keep scaling fast enough to justify another major leg higher.
For $NVDA, the key question is whether this valuation reset becomes a buying opportunity or a warning that growth expectations are finally normalizing.