Nvidia's Shares Fall Amid Concerns Over AI Stock Bubble
Last week, Nvidia's shares dropped by almost 7%, leading to concerns that the company's stock price may have peaked. Despite this, Nvidia's shares are still up 156% year-to-date and the company has exceeded analysts' expectations of earnings and profit growth. While there may be a disconnect between Nvidia's share price and business performance, investors are still willing to pay for growth. Although there is a risk of a drawdown, it is unlikely that there will be a bubble-bursting crash in all AI-related stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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