Nvidia Soars on AI Chip Demand, But Sustaining Sky-High Valuation Relies on Continued Rapid Growth

• Nvidia stock has seen huge growth recently due to high demand for its AI chips • Bull case is that AI chip market will continue rapid growth, fueling Nvidia's earnings • Bear case is that AI expectations are too high and a recession could hurt spending • Nvidia is a leading AI company, but valuation relies on strong earnings growth • Timing the market by waiting for a dip is risky; better to buy if bullish on AI