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Has Artificial Intelligence (AI) Darling Nvidia Finally Flown Too Close to the Sun?
NVDANvidia(NVDA) The Motley Fool·2024-12-22 10:02

When analyzing Nvidia (NVDA 3.08%), you can probably forgive some investors for writing it off as overvalued. The stock is up around 12-fold since its bear market low in 2022.Its valuation and growth rate stoke fears that it's flying too close to the sun and will crash when its wings melt.Even its most ardent bulls will concede it is not a cheap semiconductor stock. Still, saying it's "too close to the sun" is likely an exaggeration, and here's why.The Nvidia revolutionNvidia changed the face of the semicon ...