History Says You'll Regret Buying Nvidia Stock

Motley Fool03-20

Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

BlitzBison
·03-21
The writer missed out when Nvidia was in the 100-200+ range....?
Reply
Like
Report
Uasbau
·03-21
Hmm, the narrative has started to change? It seems that profits taking have started since 8 trading days ago. Just saying
Reply
Like
Report
Dion N
·03-20
it's articles like this that gets amateurs selling. Unfortunately media controls the price of stocks.
Reply
3
Report
manta76
·03-20
How about palantir stock ? Think nvidia might correct or profit take but not crash in near future
Reply
2
Report
GianniTigerSecurity
·03-20
I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens!
Reply
3
Report
JP24
·03-20
Lol.. I am on it.. have fun waiting for it to drop back to Jan 2023 price.
Reply
3
Report
ECA
·03-20
Nonsense
Reply
Like
Report
Strategy 1
·03-20
Interesting article. Key is when that regret may happen and if the rate of AI market expansion is slower than AI competitors taking away market share from Nvidia. This is not likely to happen soon. I am holding Nvidia shares, am watching developments and hopefully will already have either changed or diversified my portfolio by then.
Reply
7
Report
Fold Replies
- Vic007:
  talking about the obvious with not much value added.
  03-20
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2420431357?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-20 22:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2420431357","market":"us","top_or_hot":-1,"title":"History Says You'll Regret Buying Nvidia Stock","media":"Motley Fool","content":"<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","article_id":"2420431357","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","pubTimestamp":1710946007,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Shortages never last forever.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"translate_title":"历史表明你会后悔购买英伟达股票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1},"content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":286677266784456,"gmtCreate":1711011911719,"gmtModify":1711011915614,"author":{"id":"4096589756885460","authorId":"4096589756885460","name":"BlitzBison","avatar":"https://community-static.tradeup.com/news/2c711017cde68be46bd029006fcefb6c","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"The writer missed out when Nvidia was in the 100-200+ range....?","listText":"The writer missed out when Nvidia was in the 100-200+ range....?","text":"The writer missed out when Nvidia was in the 100-200+ range....?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286677266784456","repostId":2420431357,"repostType":4,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286469456719896,"gmtCreate":1710973644738,"gmtModify":1710973648987,"author":{"id":"3581724772671504","authorId":"3581724772671504","name":"Uasbau","avatar":"https://static.tigerbbs.com/67cdf409f2239595269918513a5faac9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hmm, the narrative has started to change? It&nbsp;seems&nbsp; that&nbsp;profits taking have started&nbsp;since 8 trading days ago.&nbsp; Just saying&nbsp;","listText":"Hmm, the narrative has started to change? It&nbsp;seems&nbsp; that&nbsp;profits taking have started&nbsp;since 8 trading days ago.&nbsp; Just saying&nbsp;","text":"Hmm, the narrative has started to change? It seems that profits taking have started since 8 trading days ago. Just saying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286469456719896","repostId":2420431357,"repostType":4,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286371589439736,"gmtCreate":1710949660026,"gmtModify":1710950317757,"author":{"id":"4095269946437450","authorId":"4095269946437450","name":"Dion N","avatar":"https://community-static.tradeup.com/news/cc22bc90d2dd039bb8d24cba0a4d72c8","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"it's articles like this that gets amateurs selling. Unfortunately media controls the price of stocks.","listText":"it's articles like this that gets amateurs selling. Unfortunately media controls the price of stocks.","text":"it's articles like this that gets amateurs selling. Unfortunately media controls the price of stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286371589439736","repostId":2420431357,"repostType":4,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286371327959216,"gmtCreate":1710949582468,"gmtModify":1710949586634,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","listText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","text":"How about palantir stock ? Think nvidia might correct or profit take but not crash in near future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286371327959216","repostId":2420431357,"repostType":2,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286366822588544,"gmtCreate":1710948573305,"gmtModify":1710948577609,"author":{"id":"4152690466064312","authorId":"4152690466064312","name":"GianniTigerSecurity","avatar":"https://community-static.tradeup.com/news/fd930ebef88ac46649ec03847a6769f5","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens!&nbsp;","listText":"I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens!&nbsp;","text":"I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286366822588544","repostId":2420431357,"repostType":2,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286364784513216,"gmtCreate":1710948096151,"gmtModify":1710948100446,"author":{"id":"3575712158925738","authorId":"3575712158925738","name":"JP24","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Lol.. I am on it.. have fun waiting for it to drop back to Jan 2023 price.","listText":"Lol.. I am on it.. have fun waiting for it to drop back to Jan 2023 price.","text":"Lol.. I am on it.. have fun waiting for it to drop back to Jan 2023 price.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286364784513216","repostId":2420431357,"repostType":2,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286364731793584,"gmtCreate":1710947972076,"gmtModify":1710947975310,"author":{"id":"3583583162782511","authorId":"3583583162782511","name":"ECA","avatar":"https://static.tigerbbs.com/718eae234a49daca134efd37f092acb0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nonsense&nbsp;","listText":"Nonsense&nbsp;","text":"Nonsense","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286364731793584","repostId":2420431357,"repostType":2,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":286317078315072,"gmtCreate":1710936324125,"gmtModify":1710936328987,"author":{"id":"4121555381154902","authorId":"4121555381154902","name":"Strategy 1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Interesting article. Key is when that regret may happen and if the rate of AI market expansion is slower than AI competitors taking away market share from Nvidia. This is not likely to happen soon. I am holding Nvidia shares, am watching developments and hopefully will already have either changed or diversified my portfolio by then.&nbsp;","listText":"Interesting article. Key is when that regret may happen and if the rate of AI market expansion is slower than AI competitors taking away market share from Nvidia. This is not likely to happen soon. I am holding Nvidia shares, am watching developments and hopefully will already have either changed or diversified my portfolio by then.&nbsp;","text":"Interesting article. Key is when that regret may happen and if the rate of AI market expansion is slower than AI competitors taking away market share from Nvidia. This is not likely to happen soon. I am holding Nvidia shares, am watching developments and hopefully will already have either changed or diversified my portfolio by then.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/286317078315072","repostId":2420431357,"repostType":2,"repost":{"id":"2420431357","pubTimestamp":1710946007,"share":"https://www.laohu8.com/m/news/2420431357?lang=&edition=full","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4566":"资本集团","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4141":"半导体产品","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4551":"寇图资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4514":"搜索引擎","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":286364408795320,"gmtCreate":1710947893770,"gmtModify":1710948030308,"authorId":3563749946250419,"author":{"id":3563749946250419,"authorId":3563749946250419,"name":"Vic007","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":286317078315072,"type":1,"supId":0,"prevId":0,"content":"<p>talking about the obvious with not much value added.&nbsp;</p>","text":"<p>talking about the obvious with not much value added.&nbsp;</p>","html":"<p>talking about the obvious with not much value added.&nbsp;</p>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":19,"commentSize":1,"repostSize":6,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}