Logically Answered | How Nvidia Lost $1.2 Trillion In 46 Days
Nvidia has experienced one of the most explosive moves ever seen in the stock market. The company has managed grown $1 trillion in 31 days, 12x within 20 months, and 265x within 10 years.
2024-08-16 19:00:00 - Logically Answered
While Nvidia has managed to achieve impressive fundamental growth along the way, it doesn’t quite line up with how much Nvidia stock has grown in the same time period. In fact, there are quite a few frightening similarities with Cisco during the dot-com bubble.
For starters, Cisco was seen as the company that was selling the shovels for the internet boom and Nvidia is seen as the company that’s selling shovels for the AI boom. Moreover, both companies drove substantial revenue from startups with very little real revenue or cash flow.
This video explains the various red flags regarding Nvidia’s recent run-up and why a mega crash of 70% or above may be right around the corner.