Name: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investment
Uploaded: 2024-06-13T10:18:51-04:00
Duration: 5 min
Description: By August of last year, Nvidia’s stock was substantially overvalued by most metrics. Now? The problem has nearly tripled. Nvidia’s market cap had risen threefold to more than $1.2 trillion since the start of 2023, to notch the biggest short-term valuation jump in the history of capital markets, a rampage that drove its P/E multiple, […]

Tag: leaderand

After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investment

By August of last year, Nvidia’s stock was substantially overvalued by most metrics. Now? The problem has nearly tripled. Nvidia’s market cap had risen threefold to more than $1.2 trillion since the start of 2023, to notch the biggest short-term valuation jump in the history of capital markets, a rampage that drove its P/E multiple, […]