Is the rally in Nvidia's stock overblown?
Nvidia Corporation (NASDAQ:NVDA) shares rallied by more than 13% this week to new highs on Nasdaq, prompting sceptics to wonder if the stock could be overvalued, overbought or a stock bubble. Last year, its stock tripled in value as excitement around artificial intelligence (AI) began to build, and since then has continued to climb. The stock was already a standout performer in the S&P 500 last year and broke new records this month. This latest rally in the tech company’s stock follows the unveiling of ...