Nvidia's Shares Fall Amid Concerns Over AI Stock Bubble
Last week, Nvidia's shares dropped by almost 7%, leading to concerns that the company's stock price may have peaked. Despite this, Nvidia's shares are still up 156% year-to-date and the company has exceeded analysts' expectations of earnings and profit growth. While there may be a disconnect between Nvidia's share price and business performance, investors are still willing to pay for growth. Although there is a risk of a drawdown, it is unlikely that there will be a bubble-bursting crash in all AI-related stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sam Altman’s World Halts Operations in Brazil: What’s Happening
Grand Theft Crypto: Family Kidnapped for $15 Million Ransom in Chicago
Bank of Montreal Has Been Quietly Buying Bitcoin ETFs
Peter Schiff Calls Gold Sell-Off a Huge Mistake—Rising Inflation ‘Very Bullish’ for Gold
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)