Top Valuation Expert Says AI Market Needs 'Trillions In Revenue' To Justify Valuations After Cashing Out Of Its Biggest Chipmaker - Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA)

Aswath Damodaran, the ‘Dean of Valuation,’ has issued a stark warning to AI investors that the math simply does not add up. Citing a massive disconnect between upfront infrastructure spending and future earnings, the NYU finance professor revealed he has fully exited his position in Nvidia Corp. (NASDAQ:NVDA) while maintaining his stake in Microsoft Corp. (NASDAQ:MSFT) .The ‘Big Market Delusion’Damodaran argues that the current AI frenzy exhibits classic signs of a “Big Market Delusion,” a cycle where too m ...