NVIDIA is one of the most undervalued companies in the SPX looking at fundamentals, even disregarding what they are planning next (subscription services for CUDA, and humanoids, etc).

Take a look at their last quarter's income statement graph: https://i.imgur.com/mQwZ5o4.png - Once in a few years I see a Sankey graph looking like that. And it's only growing over the last 10 years.