In today’s post:
🤨 106% Growth. 16x Earnings.
🤨 106% Growth. 16x Earnings.
Nvidia just did $96 billion in one quarter. It trades at 16x earnings. One of those numbers is lying.
Wednesday after the bell, Nvidia reported its second fiscal quarter and the stock jumped 7% in after-hours trading.
Not on a rumour. On the fact that the biggest AI chipmaker on earth more than doubled its revenue.
So here's the question: if the business is running this hot, why is the market pricing it like it's about to break?
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