by SilverBirch on 5/25/23, 4:25 PM
I just can't get my head around this. Sure, Nvidia is in a good position with AI and Data Centre. I absolutely think they're in a great position and they're going to sell a lot of chips. But they're trading at 200 times earnings? I don't see how anyone could reasonably justify that. And not only that, but while yes, the earnings are good, surely the AI hype cycle has pulled forward a decent amount of demand, it's a race to acquire enough GPUs, but Nvidia are quite obviously going to be supply constrained. I don't know, I just find it difficult to understand how this price could possibly be justified.
by sschueller on 5/25/23, 3:51 PM
GPU makers really lucked out in the last few years. First from the crypto craze and now the AI craze.
by metadat on 5/25/23, 3:43 PM
by nabla9 on 5/25/23, 2:07 PM
Must be the largest one-day market cap gain in the US history or very close.
by sharemywin on 5/25/23, 3:09 PM
Where are the sales going to come from? is there a breakdown?