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Open original source ↗PEG ratio trends across equities show trailing valuation multiples have shifted significantly over the past year.
Semiconductors show one of the largest improvements, with PEG ratios falling from 2.6x to 1.2x, reflecting stronger earnings growth.
In contrast, hardware increased from 4.8x to 6.5x and communications equipment rose sharply from 2.7x to 9.6x.
$NVDA $AMD $AVGO