What many fail to understand is that yes companies have profits and very conservative PE ratios ...see you are looking at what happened the last time . Meaning companies have profits and people ratios that aren't skyhigh but it will be something that to It won't be what you expect it to be when the drop comes, when the hypenis done and gone you will be like ahhhh haaaa.... Right now it's talked about that there is no leadership meaning its the same 7 to 10 stocks doing all the lifting, which is why it falls into question what happens when these stocks don't pull their own weight. The combined market caps of these handful of stocks is now approaching half of the US gdp, ....and all it will take is one blip in nvda earning to collapse the market. If they announce any glut or start losing market share the game is over...the amount of anticipation riding on nvda to keep markets up is insane at this moment.
You might have thought that, but countless others didn't. Same thing this time as well. You might think this time it's different, while countless other doubt it. Let's not forget history is there to repeat itself. Nothing is new under the sun, only your imagination.
Love your comment..staying FOCUSED on what makes money is the ONLY important consideration. I'm starting to think some posters are Financial News Network sponsors.
The revenue is real. However it is due to a monopoly. Only one entering serious competitor and net revenues would shrink a bit due to pricing. That could take years however
AMD has been chasing nVidia's gaming cards for at least since Dr. Su took over and they have pretty much caught up them in terms of hardware specs but nVidia's coordination with the game makers & their software are still superior. Plus AMD never seems to make enough of their high end cards. I mean its still a lot easier to buy the nVidia RTX 4090 vs. the AMD Radeon 7900XTX. It'll be the same with the H100 and its successors. It will take AMD a few years but they'll get there. These AI & Inference cards are really just enterprise so adoption would be slower. It didn't take much time for AMD to beat Intel at the retail level. As soon as the second generation Ryzen CPUs came out Intel was toast, however beating Intel's Xeon chips with AMD's EPYC chips took a lot longer since enterprise customers don't like leaving legacy vendors.
What if Facebook and Microsoft are over buying these chips and trying to get an advantage over competition only to realize it was just one big ai hype to get these big corps to spend money on chips they may not have needed.... Also what percentage of these chips being sold are being sold to msft and Facebook??
You know I tried a few of these ai Bot thingies you talk to ...it does nothing but show me some facts that I could get typing it in a search myself. I fully don't understand what perplexity or chat gpt do. I don't know many people who use it either, so I'll just keep typing my searches in web searches instead