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NVIDIA's PE has plummeted since the launch of ChatGPT! Wall Street exclaims: it may replicate Apple's myth of 2008.
① With NVIDIA's stock price further declining by over 5% on "Black Monday", a set of highly watched NVIDIA valuation Indicators has now fallen to levels seen before the release of ChatGPT; ② Ben Reitzes, Managing Director of Melius Research, pointed out that there is currently a valuation mismatch with NVIDIA.
Tesla Rival XPeng Eyes $13.8 Billion Investment In Humanoid Robots, Says Chinese State Media
12 billion dollars! OpenAI has invested in Coreweave and signed a five-year Server contract.
OpenAI has reached a partnership agreement valued at nearly 12 billion dollars with the Cloud Computing Service provider CoreWeave, and plans to take an equity stake in the company. CoreWeave will provide computing power for OpenAI. OpenAI will also acquire equity in CoreWeave worth 0.35 billion dollars at the time of its IPO.
CoreWeave Signs $11.9B 5-year Deal With OpenAI to Provide Infrastructure
OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence
Nvidia, Meta Platforms, Oracle, Palantir, And Tesla: 5 Trending Stocks Amid Monday's Market Meltdown