4 days Has NVIDIA Stock (NVDA) Become the Market’s Newest “Meme Stock”24/7 Wall St.

24/7 Wall St. Key Takeaways: NVIDIA’s valuation largely rides on AI hype. Its P/E ratio of ~90 reflects immense growth expectations, similar to speculative meme stocks but grounded in real demand. Reddit skeptics warn that NVIDIA’s dominance and AI’s growth are uncertain, making NVIDIA’s future questionable. Also, read “The Next NVIDIA.“ A recent Reddit post […]

The post Has NVIDIA Stock (NVDA) Become the Market’s Newest “Meme Stock” appeared first on 24/7 Wall St..

AI · NVIDIA (NVDA) · Tech · Wall Street

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