Is Nvidia stock overvalued? It depends on the future of AI.

It has been a wild few days for Nvidia stock. But the hype isn't dying down anytime soon.

4 comments

So, then yes it is overvalued.
Yes, yes it is.
Lol, is a lottery ticket overvalued. Not if it wins, but definitely if it loses.
"AI", if it ever does get invented, will be world changing (note the deliberately value-neutral term).

The value of NVIDIA depends on AI being increasingly costly to compute.

This, in particular, is not a foregone conclusion.