$NVIDIA Corp(NVDA)$ $Tesla Motors(TSLA)$ $Advanced Micro Devices(AMD)$ If you look at PE look at TSLA or AMD. I don't think PE is a good indicator for tech companies nowadays. If PE should be at 30, the share price should be about 70, which is not realistic for NVDA anymore.
About the "priced in" argument, it was 140 right after the ER before the last. This quarter they had even more revenue.
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