Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom.
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68 sats \ 0 replies \ @grayruby 13h
Nvidia is an incredible company but they are way overvalued.
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21 sats \ 1 reply \ @BlokchainB 11h
Crazy what is the P/E? Value investors must be running away from this stock. So much implied growth is making the valuation so rich.
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71 sats \ 0 replies \ @Coinsreporter OP 11h
AI boom has set this a up for Nvidia. As I don't see this boom stopping in near times, Nvidia can still make a lot many retailers damn rich. Yes you're right value investors might run away but when Microsoft is your biggest buyer, some smart investors stick with speculation, get ruch and go out, come back again, get richer.
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47 sats \ 0 replies \ @Bell_curve 13h
NVDA is a part owner of CoreWeave which has 3x since IPO a few months ago
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