@gloinvest The big players have been pushing the same billions of dollars back and forth for a few weeks now and are rising higher and higher on such news - yes, that points to a bubble. Maybe don't just mention the Nvidia P/E ratio, but also look at other AI players, some of which are unprofitably pushing triple-digit P/E ratios. You don't have to fear the immediate bursting of a bubble, but closing your eyes to the signs is of course also naïve.
@Propheteus@investm_guru_2035 People, please remain friendly and objective. No need to tear each other apart. Posts like this are meant to discuss and transfer knowledge and simply share ideas.
They are not "pushing billions back and forth" behind a multi-year plan. Here, OpenAI is actively buying physical resources from NVIDIA in the form of hardware. OpenAI wants to build these large data centers with the help of NVIDIA.
Always remember that,
It's not ignorance that causes problems. It's what you think you know.
