Nvidia to replace Intel in Dow Jones Industrial Average — Intel's 25-year reign has come to an end
Nvidia to replace Intel in Dow Jones Industrial Average — Intel's 25-year reign has come to an end
Nvidia's AI leadership and Intel's bungling of its finances leads to this shakeup in the financial world.
Yeah, yeah. Let's just see how it goes after the next crash. More competition than ever in the (chip) making.
Isn't Nvidia insanely overvalued? I feel like they'll just have to readjust when the AI bubble bursts...
Tesla is insanely overvalued...p/e >100 with fake product launches, delay after delay of new models. Technology not meeting their own metrics.
Nvidia p/e is only 65 and they keep breaking records of yoy growth.
Apple p/e is 35. Microsoft p/e is 35.
Cisco p/e at height of dotcom crash (which many people like to compare nvidia to) was >200.
Major CSPs are locked in a race to get AGI. Spending is not going to slow...
I don't know about overvaluation of individual companies, but i do know that DJIA is overrated legacy crap from the 1870's that only exists because human computational power was limited.
The S&P is going to be much more reliable a metric than, "Here's 30 companies to buy stock in chaps" targeted at conservative WSJ readers.
I own stock of both, so I can be sure I lose either way.
