That's a broader question, but in general: it doesn't matter what I think about Nvidia's business. I could be correct all the way, but if other people disagree with me, they won't pay me for the shares.
It's also not necessarily about the 2021 peak but why isn't Nvidia bigger? allegedly it's a necessary component to a technology that can replace hundreds of millions of people (worth trillions in economic output). And unlike OpenAI, Nvidia wins no matter which company wins the model competition.
It's also not necessarily about the 2021 peak but why isn't Nvidia bigger? allegedly it's a necessary component to a technology that can replace hundreds of millions of people (worth trillions in economic output). And unlike OpenAI, Nvidia wins no matter which company wins the model competition.