Yes, We're in an AI Bubble. Just Look to 1980s Japan
Hacker News
Read full postNvidia reported a doubling of net profit to about $60 billion and revenues to $96.22 billion, with expectations of a 70% revenue increase next fiscal year. Despite these strong results, concerns arise about an AI market bubble and the affordability of Nvidia's expensive chips for buyers.
- Nvidia’s AI Sector Equity Stakes Grow, SEC Filing Shows· 2 sources
- Nvidia Earnings: AI Demand Is Booming, But Risks Remain· 4 sources
- Nvidia stock closed up 8.74% on Thursday, adding ~$440B to Nvidia's market cap, after its revenue guidance reassured investors that AI demand remains strong (CNBC)· Techmeme
- Nvidia projects $673B in sales as AI demand widens· Hacker News
- Nvidia Tries to Defend Against Circular Dealmaking Accusations· Gizmodo
- CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.· Business Insider
