Chip stock bubble
I keep hearing about the chip stock AI induced bubble.
Stock prices and market cap of these stocks have shot up quickly to the stratosphere, so I understand the bubble concern.
However, the valuation stocks like NVIDIA really doesn't seem outrageous based on earnings and predicted future earnings and the speed in which earnings are growing.
Question: Is because people believe these projected future earnings are way off? Or because demand will eventually dry up and the stocks come cratering back to reality? $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment