re: Is it time to short NVDA ?

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Except NVDA is one of the largest revenue generating companies in the history of the US. CISCO grew revenue from $2 billion to $19 billion, but its stock surged 3800% and had a PE of 230+. NVDA started with a much more sound fundamental base. Nvidia’s GPUs inherently have shorter useful lives than Cisco’s networking gear, which reduces the likelihood of overbuilding. The CNBC talking head misses this point. Nvidia has a quasi-monopoly position in the AI space, allowing for very healthy margins.

This tech rally is so fundamentally different than 1999/2000 that anyone comparing the two is, so misguided or misinformed that it is comical. The companies on this run have well defined business models, massive revenue and massive profit.

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