Will Nvidia Face a Crash in the Second Half of 2024? Insights from History

Reported 12 months ago

The article discusses the potential of Nvidia facing a crash in the latter half of 2024 despite its market performance and advancements in AI technology. It highlights the history of previous technological innovations facing bubbles and the concerns around Nvidia's valuation, particularly its trailing-12-month price-to-sales ratio, which has reached a level reminiscent of past market crashes. The uncertainty regarding whether Nvidia will experience a crash in the second half of 2024 is emphasized, despite its leadership in AI hardware and potential for growth.

Source: YAHOO

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