Nvidia: We Are Watching History

By Christopher Gannatti, CFA, Global Head of ResearchNvidia’s earnings report brought much intrigue. Consider this headline from the Financial Times:“Nvidia Is Nuts, When’s the Crash?”1The results over the past year have been amazing, yes, but there are no precedents for a company growing from a market capitalization below a $1 trillion to $2 trillion in less than a year.1 Does the hype match reality?The CURRENT share price is not necessarily a reflection the past, but rather a view on the FUTURE. One anal ...