Reported 6 months ago
The article discusses why Nvidia stock is not considered to be in a massive bubble despite its recent surge. The author argues that Nvidia's fundamentals justify its appreciation in value, and investors are knowledgeable about the company's business. With significant growth rates and a leading position in generative AI technology, Nvidia's CEO highlighted strong demand for their products. The article dismisses concerns of a bubble, emphasizing Nvidia's technological edge and growth prospects compared to competitors like Amazon and Apple.
Source: YAHOO