$NVIDIA(NVDA)$ Is Nvidia in a Bubble? Nvidia is undoubtedly one of the most extraordinary stocks in the market today. Over the past five years, its stock has skyrocketed by more than 19,100%, pushing its market capitalization from $165 billion in February 2020 to approximately $3.4 trillion today. This astonishing rise has led many investors to ask a crucial question: Is Nvidia just one massive bubble? It's a complex issue. Critics point to Nvidia’s price-to-earnings (P/E) ratio, which currently exceeds 50, as evidence of overvaluation. However, the remarkable part is that Nvidia’s quarterly net income has surged from $899 million in Q3 2019 to $19.3 billion in Q3 2024—an 84% compound annual growth rate. This growth is largely driven by its domina