Reported about 2 months ago
Aswath Damodaran, known as the 'Dean of Valuation,' claims that artificial intelligence (AI) is not the primary reason to invest in Nvidia stock. Instead, he believes the company's potential to find new markets could justify its high valuation. Despite recognizing Nvidia's success in sectors like gaming and crypto, Damodaran maintains the stock is currently overpriced based on its valuation model.
Source: YAHOO