this post was submitted on 03 Nov 2024
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Hardware

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[–] [email protected] 23 points 2 weeks ago (2 children)

Isn't Nvidia insanely overvalued? I feel like they'll just have to readjust when the AI bubble bursts...

[–] [email protected] 10 points 2 weeks ago

I don't know about overvaluation of individual companies, but i do know that DJIA is overrated legacy crap from the 1870's that only exists because human computational power was limited.

The S&P is going to be much more reliable a metric than, "Here's 30 companies to buy stock in chaps" targeted at conservative WSJ readers.

[–] Bitswap 8 points 2 weeks ago

Tesla is insanely overvalued...p/e >100 with fake product launches, delay after delay of new models. Technology not meeting their own metrics.

Nvidia p/e is only 65 and they keep breaking records of yoy growth.

Apple p/e is 35. Microsoft p/e is 35.

Cisco p/e at height of dotcom crash (which many people like to compare nvidia to) was >200.

Major CSPs are locked in a race to get AGI. Spending is not going to slow...

[–] [email protected] 8 points 2 weeks ago

I own stock of both, so I can be sure I lose either way.

Hide tge pain herold cup meme; only second panel; no caption

[–] UnfortunateShort 3 points 2 weeks ago

Yeah, yeah. Let's just see how it goes after the next crash. More competition than ever in the (chip) making.