The case for a super-bubble in Nvidia shares ...Middle East

Nvidia is already the third-most-valuable company on the planet, trailing only Microsoft and Apple. It's the undisputed leader in the production of chips essential for powering the generative artificial intelligence revolution.Companies are throwing as much money as possible at Nvidia in order to stockpile chips in datacenters that will churn out unique images, videos, text and other content in the years ahead. Shares of the company have surged by 65% year-to-date, just two months into the year. The gain in Nvidia shares alone this year has powered 32% of the gain in the S&P 500.It's a stunning achievement but for all that, shares aren't that expensive. They're trading at 32x forecast earnin

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Last updated : 01 March 2024 clock 10:12 PM

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The case for a super-bubble in Nvidia shares ...Middle East

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