Nvidia's Meteoric Stock Rise Unsustainable, But AI Leader Still Has Room to Grow
• Nvidia's (NVDA) stock price has risen exponentially recently, up over 7x in the last 18 months • This growth rate is unsustainable long-term based on simple math and comparisons to GDP • At the current trajectory, Nvidia would be worth more than the global GDP in a few years, which is impossible • While the stock gains will dramatically slow, the price may continue rising, just at a slower pace • Other AI stocks have more room for faster growth than Nvidia at their currently lower valuations