Is Nvidia’s Bubble About to Burst? 3 Numbers That Have Me Thinking It Just Might Be.
From Nasdaq: 2024-09-14 08:14:00
OpenAI released ChatGPT to the public on Nov. 30, 2022, sparking global interest in generative AI. Nvidia’s shares have soared over 700% since then, dominating the high-performance computing market with its GPUs. However, the latest earnings report shows concerning trends: slowing revenue growth, customer concentration, and a drop in gross margin, signaling potential challenges ahead.
Read more at Nasdaq: Is Nvidia’s Bubble About to Burst? 3 Numbers That Have Me Thinking It Just Might Be.