Will Nvidia's stock price continue to rise?
08/24/2023 •
Yes — The majority of comments express optimism about Nvidia's growth potential and their stronghold in the AI market. Even though there are concerns about overvaluation, more comments lean towards the expectation of the stock price continuing to rise.
Stats
| 75% | 45 | |
| 25% | 15 | Bluesky |
| 39% | Neutral |
| 37% | Positive |
| 25% | Negative |
| 73% | 😃 Joy |
| 15% | 😡 Anger |
| 7% | 😱 Fear |
| 5% | 😢 Sadness |
| 0% | 🥰 Love |
| 0% | 😯 Surprise |
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Story
- Some analysts have raised their price targets on Nvidia indicating growing optimism, while others believe Nvidia's current stock is overvalued and predict a decline soon due to this overvaluation.
- Nvidia's valuation is linked with AI, with suggestions that the valuation is based on how often "AI" is mentioned during earnings calls, implying potential lack of substance behind the stock's rise.
- There are concerns about a potential AI stock bubble, with claims such as Morgan Stanley suggesting Nvidia's peak may be near.
- Some believe Nvidia has a monopoly in the AI market, driving its current price action and level of regardedness in the market.
- There's a debate about competition: while some see Nvidia having a significant lead, others mention potential competition from companies like AMD.
- Several commenters expect the stock to rise due to the level of regardedness they've observed in the market.
- Nvidia's growth in the gaming and 3D industry and its position in supplying GPUs to major tech companies are reasons for optimism.
- Some argue that the stock's potential growth is based on overrated beliefs in Nvidia's dominance in AI.
- There's a belief in Nvidia's potential for exponential growth without significant disruptions, emphasizing that markets often rely on past trends to project future events.
- Some commenters anticipate potential crashes in Nvidia's stock value, drawing parallels with other assets like Bitcoin.