Yes, We're in an AI Bubble. Just Look to 1980s Japan
Hacker News
Read the full articleNvidia reported a doubling of net profit to about $60 billion and revenues to $96.22 billion, with expectations of a 70% revenue increase next fiscal year. Despite these strong results, concerns arise about an AI market bubble and the affordability of Nvidia's expensive chips for buyers.
- Nvidia has built a $99 billion equity portfolio from almost scratch in 2 years· 2 sources
- Business Daily· 4 sources
- Nvidia projects $673B in sales as AI demand widens· Hacker News
- Nvidia Tries to Defend Against Circular Dealmaking Accusations· Gizmodo
- CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.· Business Insider
- Nvidia revenue doubles on continued AI demand · 6 sources
