this post was submitted on 27 Jun 2024
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Is Nvidia stock overvalued? It depends on the future of AI. (www.vox.com)
submitted 3 months ago by jeffw to c/business
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[–] [email protected] 19 points 3 months ago

So, then yes it is overvalued.

[–] EgoNo4 14 points 3 months ago

Yes, yes it is.

[–] [email protected] 3 points 3 months ago

Lol, is a lottery ticket overvalued. Not if it wins, but definitely if it loses.

[–] Gradually_Adjusting 2 points 3 months ago

"AI", if it ever does get invented, will be world changing (note the deliberately value-neutral term).

The value of NVIDIA depends on AI being increasingly costly to compute.

This, in particular, is not a foregone conclusion.