$NVIDIA Corp(NVDA)$ Is Nvidia really worth over 1K ? After all, it's just another semiconductor chip for an application, and that application happens to be AI, but other big corps are making their own chips such as $Microsoft(MSFT)$ $Intel(INTC)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ $Advanced Micro Devices(AMD)$, etc. Competition is about to catch up and therefore not buying much from Nvidia since they (big corps) will have their own chip(s) for their