>>20577993Well, everything is giga going up. Look at Broadcom. Trading at PE of 80+... wtaf? When has Broadcom every traded at PE of 80+. Their growth isn't nowhere near as impressive as NVDA yet it's trading at such a high evaluation.
Of all the stocks, I can actually understand NVDA.
The big money needs an outlet and NVDA is the perfect target with its brutal earnings and insane growth.
The money has to go somewhere and the they realized they can just pump their favorite without any repercussions... so why not do it?
I am still waiting for my AI waif though