The majority of the world’s retirement savings is tied up in the US stock market, and Nvidia is like 10% of the US stock market. And Nvidia’s current success is 100% from selling GPUs to AI datacenters. And not a single AI endevor has made a profit, they are all burning billions.
If the bubble pops then everyone feels it. Every single person.
But IMO it’s a bandaid that needs to be ripped off.
The majority of the world’s retirement savings is tied up in the US stock market, and Nvidia is like 10% of the US stock market. And Nvidia’s current success is 100% from selling GPUs to AI datacenters. And not a single AI endevor has made a profit, they are all burning billions.
If the bubble pops then everyone feels it. Every single person.
But IMO it’s a bandaid that needs to be ripped off.