Nvidia Soars Past $100B on AI Chip Boom, But Are Tech Stocks Due for a Correction?
• Nvidia stock soared over $100B after blowout earnings, but analyst warns of an "AI bubble" that could lead to a tech crash • Nvidia's data center revenue from AI chips jumped 27% last quarter to $18.4B, showing surging demand • Tech sector is trading at a 75% premium, unlikely to be sustained; any disappointing growth could drag down overall market • Network effects drove past decade's growth, but may not translate to AI; without them, earnings growth won't continue • Regulation and consumer backlash may curb Big Tech's power; but not likely a dotcom-style collapse